Foxconn's AI Server Business Drives Record Revenue Growth

Hon Hai Precision Industry Co. reports a 19% increase in Q2 revenue, propelled by strong demand for AI servers.

Foxconn's Q2 revenue reached NT$1.55 trillion, surpassing analyst expectations.
The company's shares have more than doubled this year, hitting new highs in June.
AI server demand is diversifying Foxconn's revenue away from consumer electronics.
Foxconn expects continued revenue growth in the third quarter.
The AI boom has brought significant attention to Taiwan's tech industry.