Taiwan's Foxconn forecasts strong first-quarter performance
ReutersFeb 5, 2026 7:46 AM
TAIPEI, Feb 5 (Reuters) - Taiwan's Foxconn 2317.TW on Thursday flagged strong expectations for its first quarter performance, after reporting a 35.5% year-on-year rise in January revenue.
"Shipments of AI racks continue to increase, and Smart Consumer Electronics are also better than expected," it said in a statement.
"The seasonal performance for the current quarter is expected to be better than the range of the past five years," the company, Nvidia's NVDA.O biggest server maker, added, without elaborating.
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