🚨 Foxconn Posts Record Q2 Revenue! 💰

Taiwanese tech giant Foxconn just reported T$1.797 trillion ($55.2B) in Q2 revenue — a 15.82% YoY surge, smashing expectations! 📈

🔥 What’s driving it?

• Soaring demand for AI chips & cloud computing hardware

• Strong performance in cloud + networking (hello, Nvidia)

• June revenue hit an all-time monthly high

📱 iPhone sales stayed flat, but Foxconn’s AI exposure is paying off in a big way.

⚠️ Still, they’re sounding the alarm on:

• Global political tensions

• Currency volatility

• Trade risks (👀 Trump’s new tariff threats)

📉 Stock is down 12.5% YTD, after a massive 76% run in 2023.

🗓️ Full Q2 earnings drop August 14.

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