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Taiwan's Foxconn sees robust AI server demand, posts 14% rise in Q3 profit

Taiwan's Foxconn sees robust AI server demand, posts 14% rise in Q3 profit

FILE PHOTO: Foxconn logo is seen in this illustration taken, May 2, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Thursday it expected robust growth in its artificial intelligence server business next year after reporting a better-than-expected 14% rise in quarterly profit.