AI demand boosts Apple supplier Foxconn's profits

AppleInsider
Aug 14, 2024, 6:03 am273 pts
Foxconn, Apple's largest iPhone manufacturer, reports a fourth consecutive quarter of profit increases, which it credits to demand for AI servers. Workers in a Foxconn factory For the previous quarter, Foxconn's increased profits came from better than expected demand for the iPhone. That is likely to continue…

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