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Foxconn reported a third-quarter revenue surge to $95.4 billion driven by massive artificial intelligence hardware demand from partners Apple and Nvidia, beating analyst expectations. However, Seeking Alpha Quant Ratings score Hon Hai Precision at a Hold due to cautious EPS revisions offsetting an otherwise cheap valuation. Despite riding the AI wave, hardware assembler Foxconn captures just a 6.12% gross margin compared to Nvidia's 74.67%, leading Foxconn shares to gain only 10% this year while trailing the broader Taiwan market.
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