AI to drive growth despite geopolitics, Taiwan's Foxconn says

Strong demand for AI hardware fuelled a 24 percent annual net profit jump last year for Foxconn, the world's largest contract electronics manufacturer. Energy markets have been roiled by the war in the Middle East, raising concerns for big tech manufacturers, but company chairman Young Liu struck an upbeat tone at an earnings call with analysts. "Over the past few months, there have been significant changes in tariffs, geopolitics, and global monetary policy," he said. "However, driven by the strong growth of AI servers...