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Foxconn Industrial Internet, which sells AI servers, reports Q1 revenue up 57% YoY to $37B, below $44.5B est., and a record $1.5B net income, below


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2026-04-28 16:04:27
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Cybersecurity Business

Rachel Yeo / Bloomberg:

Foxconn Industrial Internet, which sells AI servers, reports Q1 revenue up 57% YoY to ~$37B, below $44.5B est., and a record ~$1.5B net income, below $1.8B est.  —  Foxconn Industrial Internet Co. benefited less than expected from China's artificial intelligence boom as sales and earnings growth fell short of lofty expectations.




Rachel Yeo / Bloomberg:

Foxconn Industrial Internet, which sells AI servers, reports Q1 revenue up 57% YoY to ~$37B, below $44.5B est., and a record ~$1.5B net income, below $1.8B est.  —  Foxconn Industrial Internet Co. benefited less than expected from China's artificial intelligence boom as sales and earnings growth fell short of lofty expectations.



Source: TechMeme
Source Link: http://www.techmeme.com/260428/p27#a260428p27


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