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Foxconn Industrial Internet posts 102% net profit growth in 1Q26 on AI GPU, ASIC demand

Ninelu Tu, Taipei
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Credit: Digitimes

Benefiting from the continued expansion of artificial intelligence (AI) computing power demand, Foxconn Industrial Internet (FII), a subsidiary of Hon Hai Precision Industry (Foxconn), reported first-quarter 2026 revenue that far exceeded market expectations...

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