Wall St Engine(@wallstengine):FOXCONN’S LARGEST REVENUE SOURCE IS NOW AI SERVERS AND CLOUD HARDWARE Q1 revenue rose 29% YoY to about $67B. Net profit rose 19% YoY to about $1.6B. Cloud and networking products, including AI servers, made up almost half of total revenue. Smart consumer electronics, including smartphones, were about one-third. Foxconn said next-gen AI server rack shipments for a major client are slated to begin in Q3.

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Wall St Engine@wallstengine

2026.05.14 10:30

FOXCONN’S LARGEST REVENUE SOURCE IS NOW AI SERVERS AND CLOUD HARDWARE Q1 revenue rose 29% YoY to about $67B. Net profit rose 19% YoY to about $1.6B. Cloud and networking products, including AI servers, made up almost half of total revenue. Smart consumer electronics, including smartphones, were about one-third. Foxconn said next-gen AI server rack shipments for a major client are slated to begin in Q3.