Apple (AAPL.O) supplier Foxconn (2317.TW) reported a 6% increase in second-quarter net profit, driven by strong AI server demand.
The Taiwanese company, the world's largest contract electronics maker, saw its net profit for the April-June quarter rise to T$35.05 billion ($1.09 billion) from T$33 billion in the same period the previous year, beating analysts' average estimate of T$34.29 billion.