The Globe and Mail reports in its Thursday edition that Taiwan's Foxconn Technology, 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. A Reuters dispatch to The Globe says that Foxconn, Apple's top iPhone assembler and Nvidia's AI server maker, has ridden the crest of the wave for artificial intelligence demand, but is also vulnerable to changes in U.S. trade and tariff policy given its large manufacturing footprint in countries such as China and Mexico. Chairman Young Liu said on an earnings call that U.S. tariffs will bring more challenges and his outlook for the full year was more cautious than previously, after the company predicted significant growth for 2025 compared with a previous outlook of strong growth. He said the reason for the change in the outlook was the recent changes in the value of the Taiwan dollar against the greenback. "Because of the exchange rate, it may affect the performance of the revenue amount after conversion into Taiwan dollars. Therefore, compared to March, our outlook for this year is a bit more cautious," Mr. Liu added.