Foxconn reports Q1 revenue up 24% YoY to ~$54B, net profit up 91% YoY to ~$1.38B, above est.,; cloud and networking, like AI servers, was 34% of its Q1 revenue (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal:
Foxconn reports Q1 revenue up 24% YoY to ~$54B, net profit up 91% YoY to ~$1.38B, above est.,; cloud and networking, like AI servers, was 34% of its Q1 revenue  —  The company still expects AI servers to be a growth driver this year  —  Foxconn Technology Group reported strong first-quarter results …