Foxconn shares surge 9.5% after Q4 profit beats market estimates

Shares of Apple supplier Foxconn rose as much as 9.5% early on Friday to their highest in three years, a day after it reported a fourth-quarter profit that beat expectations and forecast a bullish outlook for this year due to booming demand for AI servers. Foxconn, formally called Hon Hai…#apple #foxconn #honhai #nvidia #daiwacapitalmarkets
Source: Reuters: Health - Category: Consumer Health News Source Type: news