Foxconn Says Q3 Will Beat Expectations As AI Demand Surges, August Revenue Hits Record
Foxconn expects stronger third-quarter results as rising demand and seasonal electronics sales boost its business.
Foxconn, a giant company that makes electronics for other brands, expects to do even better than people thought because more customers want AI stuff and fall is always busy for gadgets. When a big supplier says business is booming, it can mean the companies it works with—like Apple and chip makers—might be doing well too.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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