Foxconn Posts Profit Surge as It Bets on AI for Long-Term Growth -- Update

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Foxconn Posts Profit Surge as It Bets on AI for Long-Term Growth -- Update

posted on May 14, 2024 06:58PM

https://www.marketscreener.com/quote/stock/FOXCONN-TECHNOLOGY-CO-LTD-6496501/news/Foxconn-Posts-Profit-Surge-as-It-Bets-on-AI-for-Long-Term-Growth-Update-46715268/

"Foxconn Technology Group backed its upbeat outlook for the year after posting a surge in first-quarter profit, betting that its artificial-intelligence servers will drive long-term sales growth."