Foxconn first-quarter revenue jumps 30% year-on-year ​fuelled by ⁠strong ‌AI-related demand

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Taiwan's Foxconn, a major electronics maker and Nvidia's top server supplier, announced a significant revenue increase. First-quarter earnings saw a 29.7% rise compared to last year. This growth was driven by robust demand for AI-related products. The company's revenue for January to March reached T$2.13 trillion. This performance exceeded analyst expectations, highlighting strong market interest.