Foxconn has shattered expectations with a record-breaking 24.2% year-on-year revenue growth in Q1, reaching a staggering $49.5 billion, fueled by the global AI boom. With an explosive rise in demand for cloud and networking products, the tech giant capitalized on the soaring interest in AI, particularly in collaboration with Nvidia. However, despite the stellar numbers, Foxconn's leadership remains cautious, warning that escalating U.S. tariffs and the intensifying global political crisis could severely impact its future growth. The company is especially vulnerable due to the ongoing U.S.-China trade war, with Trump’s administration imposing tariffs on Chinese and Taiwanese imports, threatening Foxconn's operations in China and Taiwan. While Foxconn anticipates growth in the upcoming quarter, it emphasizes the need to monitor these geopolitical risks closely. The company’s stock performance reflects market uncertainty, with a 17% year-to-date drop, showcasing how global trade instability can overshadow even the strongest corporate fundamentals.
https://scvgosir.blogspot.com/2025/04/foxconns-record-q1-revenue-shocks-amid.html
