Foxconn expects Q3 to beat market estimates as AI server revenue tops 50% of sales and August revenue surged nearly 52% year-over-year.

Foxconn's August sales surged 51.98% year-on-year to $29.14 billion, driven by strong AI demand and inventory rebuilding.

Foxconn's August sales surged significantly, reaching the second-highest monthly total in its history. This growth was fueled by strong demand for artificial intelligence…