Foxconn Chairman (via media): Booming demand for cloud networking gear tied to generative AI, plus a big jump in spending by cloud giants (like Amazon, Google), will boost Foxconn’s performance this year. The “explosive rise” of generative AI is driving massive growth in the AI server market, and Foxconn’s cashing in. Plus, new opportunities in electric vehicle design and manufacturing are opening fresh growth for the company. #Foxconn #HonHaiPrecisionIndustry $Amazon(AMZN.US) $Alphabet(GOOGL.US) $Microsoft(MSFT.US) #AIservers #server
Source: Dan Nystedt
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