Taiwan's Foxconn TWSE:2317, the world's largest contract electronics maker, on Thursday reported a 27% rise in second-quarter profit that beat market forecasts on continued strong demand for artificial intelligence servers.
Net profit for the April-June period for Apple's NASDAQ:AAPL top iPhone assembler and Nvidia's biggest server maker was T$44.4 billion ($1.48 billion), versus an LSEG consensus estimate of T$38.8 billion.
($1 = 29.9480 Taiwan dollars)