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67FINANCE

Foxconn reports strong sales driven by AI server demand

⚡ Markets: Provides a strong positive data point for the entire AI hardware supply chain, from chipmakers like Nvidia to server assemblers and component suppliers. Reinforces the durability of the AI investment cycle.2317.TWNVDAAAPL

Taiwan's Foxconn (Hon Hai Precision Industry), a key partner for Nvidia and Apple, reported a 52% year-on-year increase in sales. The company attributed the strong performance to sustained momentum in the artificial intelligence server market, signaling robust ongoing investment in AI infrastructure.

West MSM 1Financial press 12 countries
2 sources across the spectrum
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