Foxconn expects Q2 to beat slow season, war uncertainty thanks to AI boom

Key Nvidia supplier says market share in next-generation AI servers will continue to expand

Foxconn’s AI server rack segment is expected to see high double-digit growth for the current quarter. © Reuters

TAIPEI -- Key Nvidia and Apple supplier Foxconn expects its performance in the April quarter to significantly outperform what is traditionally a slow season for the tech supplier, thanks to continuing demand for AI servers and stronger-than-expected sales of computing products.