Foxconn reports Q2 revenue up 19% YoY to ~$48B and net profit up 6% YoY to ~$1.08B, above ~$1.04B est., on strong AI server demand; its stock is up ~80% in 2024 (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal:
Foxconn reports Q2 revenue up 19% YoY to ~$48B and net profit up 6% YoY to ~$1.08B, above ~$1.04B est., on strong AI server demand; its stock is up ~80% in 2024  —  Quarterly revenue rose 19% from a year earlier  —  Foxconn Technology Group reported a 6% increase in quarterly net profit …

Posted from: this blog via Microsoft Power Automate.

Daily Deals