WS #11456
Foxconn reported Q2 revenue of NT$2.513 trillion, up 39.8% YoY and above estimates, driven by strong AI demand and significant growth in smart consumer electronics, with a cautious outlook on global politics. Google raised $85B in the largest US equity deal ever, signaling a pivot from buybacks to AI infrastructure buildout with CapEx doubling to ~$180B. OpenAI engineers found a way to more than halve inference cost using software alone, potentially reducing demand for NVDA GPUs for certain workloads.
Foxconn Q2 Revenue Beat on AI Demand
Foxconn reported Q2 revenue of NT$2.513 trillion, up 39.8% YoY and above estimates, driven by strong AI demand and significant growth in smart consumer electronics, with a cautious outlook on global politics.
Google raised $85B in the largest US equity deal ever, signaling a pivot from buybacks to AI infrastructure buildout with CapEx doubling to ~$180B.
OpenAI engineers found a way to more than halve inference cost using software alone, potentially reducing demand for NVDA GPUs for certain workloads.