Thursday, May 14, 2026

Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source (Wall Street Journal)

Wall Street Journal:
Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source  —  Cloud and networking products—including AI servers—remained the company's largest revenue contributor



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Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a partnership, an investment, or an acquisition (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg : Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a p...