Foxconn just posted its strongest August ever and says the current quarter looks better than it thought a month ago — good news for AI hardware suppliers and Taiwan's tech sector.

• August revenue jumped 52% from a year ago, the best August in company history and its second-biggest month ever.
• AI servers and cloud networking gear did the heavy lifting, with strong orders pulling revenue up.
• Revenue for the first eight months of the year is up 40%, another record.
• Consumer electronics and PCs dipped slightly from July as products switch from old models to new ones, but both are well ahead of last year.

Outlook: Foxconn expects the third quarter to beat market forecasts as AI demand keeps growing and the year-end electronics season kicks in.