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  • 13 hours ago
Foxconn reports record first-quarter revenue of about US$66 billion, up roughly 30% year over year, driven mainly by strong demand for AI-related servers and data center equipment from major US cloud service providers. Quanta Computer is also benefiting heavily from the AI boom, with its Q1 revenue jumping about 66% to over US$25 billion on rising global demand for high-performance computing infrastructure.
Transcript
00:00Electronics giant Foxconn is riding high on the AI boom, reporting a record $66 billion in first quarter revenue.
00:09That's up about 30% year on year.
00:12The company says the growth is fueled by spending from major U.S. cloud services providers.
00:18Another electronics giant, Quanta Computer, is also benefiting from strong AI demand,
00:23with Q1 revenue spiking 66% to top $25 billion.
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