Foxconn Expects Q2 Growth Above Forecast Amid Record May Revenue

Foxconn reported a 39.57% year-over-year increase in May revenue and anticipates stronger-than-expected performance for the second quarter due to rising demand, particularly from AI rack production.

By Ravikash Bakolia, SA News Editor · Seeking Alpha ·

Foxconn Expects Q2 Growth Above Forecast Amid Record May Revenue

Tickers: $AAPL $NVDA

Topics: AI demand Foxconn revenue growth

Read the full article at Seeking Alpha

More World news