Foxconn Posts Record Q1 Revenue, Quanta Soars From AI Boom
Foxconn reports record first-quarter revenue of about US$66 billion, up roughly 30% year over year, driven mainly by strong demand for AI-related servers and data center equipment from major US cloud service providers. Quanta Computer is also benefiting heavily from the AI boom, with its Q1 revenue jumping about 66% to over US$25 billion on rising global demand for high-performance computing infrastructure.
