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Foxconn's May sales rose 39.6% YoY to NT$859.4bn; two-month sales reached NT$1.69tln (US$53.6bn). Analysts' consensus projects Q2 revenue up about 32% YoY. Foxconn, a major assembler of NVIDIA accelerator servers and Apple iPhone/MacBook units, said

2026-06-05

Foxconn's May sales rose 39.6% YoY to NT$859.4bn; two-month sales reached NT$1.69tln (US$53.6bn). Analysts' consensus projects Q2 revenue up about 32% YoY. Foxconn, a major assembler of NVIDIA accelerator servers and Apple iPhone/MacBook units, said its AI-server business is expected to expand sharply by 2026; server assembly has overtaken smartphones over the past year to become its largest revenue contributor, reflecting a global AI data-center buildout. Alphabet, Amazon, Meta and Microsoft have committed roughly US$725bn to AI spending this year, supporting demand, though concerns over potential overcapacity and AI monetization persist.

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2026-06-05

The Governor of the Reserve Bank of India stated that rising energy prices and supply disruptions will put pressure on economic activity. The duration of geopolitical conflicts will determine their full impact.

The Governor of the Reserve Bank of India stated that rising energy prices and supply disruptions will put pressure on economic activity. The duration of geopolitical conflicts will determine their full impact.
2026-06-05

Nasdaq narrows losses, down 0.12%.

Nasdaq narrows losses, down 0.12%.
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