TAIPEI, Nov 12 (Reuters) - Taiwan's Foxconn,
the world's largest contract electronics maker, reported on
Wednesday a 17% rise in third-quarter profit that beat market
forecasts on sustained strength in demand for artificial
intelligence servers.
Net profit for the July-September period for Nvidia's ( NVDA )
biggest server maker and Apple's ( AAPL ) top iPhone
assembler was T$57.67 billion ($1.89 billion), versus an LSEG
consensus estimate of T$50.4 billion.
($1 = 30.5930 Taiwan dollars)
(Reporting by Wen-Yee Lee and Ben Blanchard; Editing by
Muralikumar Anantharaman)