Foxconn Q2 Revenue Surges 40% On AI Boom, Flags Geopolitical Risks Ahead
Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, reported a nearly 40% jump in second-quarter revenue, driven by strong demand for artificial intelligence (AI) infrastructure and a rebound in its consumer electronics business. The company, the biggest AI server supplier to Nvidia and Apple’s largest iPhone assembler, posted April-June revenue of T$2.513 trillion ($78.71 billion),…