Nvidia supplier Foxconn cuts outlook due to currency appreciation
Taiwan’s Foxconn, the world’s largest contract electronics maker, downgraded its full-year outlook on Wednesday citing recent appreciation of the Taiwan dollar, even as it struck an upbeat note about booming demand for AI servers. Foxconn, Apple’s top iPhone assembler and Nvidia’s AI server maker, has ridden the crest of the wave for artificial intelligence demand, but is […]