Foxconn's Q2 profits rise, forecasting revenue growth in 2024.

Foxconn's profits rise to 33% for the second consecutive quarter, driven by a surge in AI demand. The company expects significant growth in 2024 revenue due to increased demand for AI servers. Foxconn, a key supplier for tech giants like Apple, is experiencing a positive impact on its business from the AI market boom.

March 14, 2024
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