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Foxconn second-quarter revenue jumps, company cautions on geopolitics

July 5, 2026 by Mor

Taiwan’s Foxconn, the world’s largest contract electronics maker, reported a 39.8% year-on-year rise in second-quarter revenue that beat market forecasts on strong demand for AI products, though it cautioned about “volatile” global politics. Revenue for Nvidia’s biggest server maker and Apple’s top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn … Read more

Nvidia supplier Hon Hai’s sales beat on continued AI demand

July 5, 2026 by Mor

Nvidia Corp.’s server assembly partner is Hon Hai Precision Industry Co. reported a bigger-than-expected 40% jump in quarterly sales and said AI demand is growing further. Shipments of AI racks are expected to maintain their momentum in the current quarter, while demand for information and communications technology products is entering peak season, the company said … Read more

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