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Foxconn's Q2 revenue surged by 19% year-on-year, driven by strong demand for AI servers. This growth exceeded market expectations and forecasts. The increased demand for AI technology has positioned Foxconn for continued growth in the upcoming quarters. Foxconn's Q2 revenue beats market forecast.
Taiwan’s June exports soared 23.5% year-on-year to US$39.9 billion, beating expectations for an 11.5% gain, due to strong AI related shipments, media report. It was the 8th straight monthly export gain and the strongest rise in 28-months. #semiconductors #AI…
Taiwan June exports tops forecasts on AI demand, U.S. market soars - Reuters https://t.co/trGB7xoI5d
Taiwan’s exports rose at the fastest pace since February 2022, with shipments of tech products jumping more than fourfold. https://t.co/HY4SBuZyAt via @technology https://t.co/w2aFYRjVfD