Foxconn expects Q3 to beat market expectations as AI demand stays strong

Investing.com --Foxconn Technology (TW:2354) expects its third-quarter performance to exceed market expectations as robust demand for artificial intelligence-related products and a seasonal pickup in information and communication technology products boost operations, the Taiwanese electronics manufacturer said Saturday. The company said its visibility for the third quarter had improved from the previous month, with overall performance expected to outperform market expectations. Foxconn, formally known as Hon Hai Precision Industry, does not provide numerical forecasts.