Foxconn posted a sharp increase in earnings for the first quarter of 2025, but cut its full-year guidance Tuesday, citing currency headwinds and U.S. trade policy risks. Revenue climbed 24.2% year over year in the JanuaryMarch quarter,

Taiwan's Foxconn , the world's largest contract electronics maker, downgraded its full-year outlook on Wednesday citing recent appreciation of the Taiwan dollar, even as it struck an upbeat note about booming demand for AI servers.

Several companies have pulled their full-year outlooks for 2025, with many citing market uncertainty exacerbated by Trump’s tariffs.