Foxconn (2317 TT) May revenue TWD 859.4bln, +39.57% Y/Y
- Q2 is a traditional off season for ICT industry but AI racks are expected to maintain continued growth trend.
- Q2 performance is tracking well above previously anticipated significant growth.
- Remains necessary to monitor the impact of volatile global political and economic situation.
- AI servers overtake smartphones as top revenue source.
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