Foxconn's Q2 Profits Surge 6% on Robust AI Server Demand

The world's largest contract electronics manufacturer sees continued growth fueled by AI technology boom.

Foxconn's net profit for April-June reached NT$35.05 billion, marking the fourth consecutive quarter of growth.
Revenue for AI servers surged 60% from the previous quarter, driven by partnerships with companies like Nvidia.
The company expects strong growth across cloud, networking, and components groups for the current quarter.
Foxconn aims to secure 40% of the global AI server market, leveraging its extensive manufacturing expertise.
Despite flat growth in smart electronics, the company anticipates a strong second half due to new product releases.