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Foxconn reports Q1 revenue up 24% YoY to $54B, net profit up 91% YoY to $1.38B, above est.,; cloud and networking, like AI servers, was 34% of its Q


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2025-05-14 09:41:05
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Cybersecurity Business

Sherry Qin / Wall Street Journal:

Foxconn reports Q1 revenue up 24% YoY to ~$54B, net profit up 91% YoY to ~$1.38B, above est.,; cloud and networking, like AI servers, was 34% of its Q1 revenue  —  The company still expects AI servers to be a growth driver this year  —  Foxconn Technology Group reported strong first-quarter results …




Sherry Qin / Wall Street Journal:

Foxconn reports Q1 revenue up 24% YoY to ~$54B, net profit up 91% YoY to ~$1.38B, above est.,; cloud and networking, like AI servers, was 34% of its Q1 revenue  —  The company still expects AI servers to be a growth driver this year  —  Foxconn Technology Group reported strong first-quarter results …



Source: TechMeme
Source Link: http://www.techmeme.com/250514/p13#a250514p13


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