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DevelopingHardware

Foxconn Q3 profit rises 34% to NT$77.5B on AI server demand

Per AFP, Foxconn (Hon Hai) reported Nov. 12 third-quarter net profit of NT$77.5 billion (US$2.4B), up 34% and above the NT$70.3B Bloomberg estimate. Chairman Young Liu called AI servers its most important growth driver and said demand should outpace supply into next year. TopFive could not open Foxconn's own release.

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