Foxconn Q1 profit soars on AI demand; tariffs woes weigh on FY outlook

Kaohsiung Software Technology Park in Taiwan.

BING-JHEN HONG

Foxconn Technology’s (OTCPK:FXCOF) first quarter profit jumped 91% beating estimates driven by demand for AI servers, but the outlook was overshadowed by uncertainty around tariffs.

The Apple (AAPL) supplier — which is formally known as Hon Hai Precision (

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