The Taiwanese giant trousered NT$42.11 billion (€1.22 billion) in net profit, beating the NT$37.15 billion (€1.08 billion) that the cocaine nose jobs of Wall Street had scribbled down. Revenue shot up 24 per cent to a wallet-busting NT$1.644 trillion (€47.67 billion).

Much of that lovely cash was down to clients rushing to shovel shipments into the US before Trump could slap his tariffs down. The jump also looked better because Foxconn was comparing it to last year’s embarrassment, when it managed to incinerate NT$17.3 billion (€502 million) thanks to a hopeless punt on Sharp.

While the world still thinks of Foxconn as the Fruity Cargo Cult Apple’s sweatshop, it has muscled in on building AI servers for Amazon and Nvidia, cashing in on the latest silicon gold rush.

Cloud and networking kit, including AI servers, now pulls in 34 per cent of its loot, pushing it just behind its bread-and-butter smart gadget production.

Trump whacked a 32 per cent tariff on Taiwanese goods on 2 April before bottling it with a 90-day delay. Taiwanese firms, including Foxconn, are pacing nervously like cats on a hot tin roof, waiting for his next bright idea.

Despite the party tricks, Foxconn has trimmed its 2025 outlook from “significantly stronger” to just “stronger than last year” because apparently not everyone thinks AI money grows on trees.

Shares have been kicked about 10 per cent this year after a 70 per cent joyride in 2024, as investors wonder if they are about to pay for another AI-fuelled hangover.