Foxconn Makes Products for Nvidia and Apple. Why It’s Cutting Its Guidance. - Barron's
1. Foxconn lowered its growth expectations due to tariffs and supply chain issues. 2. AI server revenue is expected to nearly double in Q2 compared to last year. 3. Foxconn's recent profit surged 91%, beating market expectations significantly. 4. Expansion into AI infrastructure may mitigate some tariff impacts on growth. 5. Concerns around supply chain primarily affect Apple more than Nvidia.