Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand
1. Foxconn's Q3 profit rose 17% year-over-year. 2. Reported revenue aligned with expectations at NT$2.06 trillion. 3. Net profit exceeded forecasts, indicating strong financial health. 4. Shift towards AI manufacturing, partnering with Nvidia. 5. Foxconn's diversification may enhance its long-term growth potential.