Tech's share of US buybacks has climbed over the past decade, but the trend may begin to reverse, as AI spending diverts cash away from shareholders and into capex 👉https://t.co/blMxcoFA78
Taiwan’s tech giant reported a 35% jump in Q2 profit, reaching around $1.86 billion and beating analyst expectations. 💰
🔥 AI is becoming a bigger part of the business: • AI servers and cloud/networking made up 51% of Q2 revenue — a new high • Strong AI demand is expected to continue through the rest of 2026 • Next-generation Nvidia Vera Rubin AI servers are expected to enter mass production preparations in Q3, with shipments starting in Q4 • Foxconn plans to increase capital spending by 30% this year to support growth
🌎 The company is also expanding its global manufacturing footprint, with investments in India, Mexico and Texas, while continuing to explore opportunities in electric vehicles. 🚗⚡
The AI infrastructure boom is clearly becoming a major growth engine for Foxconn — but chip supply and advanced packaging capacity could be key factors shaping the market next year. 👀
Taiwan’s tech giant reported a 35% jump in Q2 profit, reaching around $1.86 billion and beating analyst expectations. 💰
🔥 AI is becoming a bigger part of the business: • AI servers and cloud/networking made up 51% of Q2 revenue — a new high • Strong AI demand is expected to continue through the rest of 2026 • Next-generation Nvidia Vera Rubin AI servers are expected to enter mass production preparations in Q3, with shipments starting in Q4 • Foxconn plans to increase capital spending by 30% this year to support growth
🌎 The company is also expanding its global manufacturing footprint, with investments in India, Mexico and Texas, while continuing to explore opportunities in electric vehicles. 🚗⚡
The AI infrastructure boom is clearly becoming a major growth engine for Foxconn — but chip supply and advanced packaging capacity could be key factors shaping the market next year. 👀
Taiwan’s tech giant reported a 35% jump in Q2 profit, reaching around $1.86 billion and beating analyst expectations. 💰
🔥 AI is becoming a bigger part of the business: • AI servers and cloud/networking made up 51% of Q2 revenue — a new high • Strong AI demand is expected to continue through the rest of 2026 • Next-generation Nvidia Vera Rubin AI servers are expected to enter mass production preparations in Q3, with shipments starting in Q4 • Foxconn plans to increase capital spending by 30% this year to support growth
🌎 The company is also expanding its global manufacturing footprint, with investments in India, Mexico and Texas, while continuing to explore opportunities in electric vehicles. 🚗⚡
The AI infrastructure boom is clearly becoming a major growth engine for Foxconn — but chip supply and advanced packaging capacity could be key factors shaping the market next year. 👀
Venture capital is one of the most varied industries out there. Very few careers let you move between #sectors, immerse yourself in emerging #Tech and #trends, and meet exceptional people as a routine part of the job. 💸 📈
In this article, @AnuAdebajo, CEO of @NewtonProgramVC,
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