Foxconn, the world's largest contract electronics maker, said Wednesday that its third-quarter profit jumped 17% from a year earlier, driven by growth in its artificial intelligence server business.

Here's how Foxconn did in the September quarter compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:

Revenue: $2.06 trillion New Taiwan dollars ($66.29 billion) vs. NT$2.06 trillion expected

Net profit: NT$57.67 billion vs. NT$50.41 billion

Foxconn, formally known as Hon Hai Precision Industry, is best known as the world's largest manufacturer of Apple 's iPhones, but has been shifting into other business avenues, including AI. The firm manufactures server racks designed for AI workloads and has become a

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