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Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand

Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023.I-hwa Cheng | AFP | Getty ImagesFoxconn, the world's largest contract electronics maker, said Wednesday that its third-quarter profit jumped 17% from a year earlier, driven by growth in its artificial intelligence server business.Here's how Foxconn did in the September quarter compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:Re...

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