Foxconn has immense confidence in growth momentum due to AI, chairman says - The Economic Times

Taiwan's Foxconn sees strong growth driven by AI demand. Chairman Young Liu is optimistic about the second half of the year. Cloud providers' massive AI investments are fueling this confidence. Foxconn, a key supplier for Nvidia and Apple, reported a profit rise. The company expects its capital expenditure to grow significantly this year to expand AI server manufacturing capacity.

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