A Taiwanese company has reported a significant increase in revenue. Foxconn's monthly revenue reached a record high in July, driven by strong demand for artificial intelligence.

The company's revenue surpassed T$900 billion for the first time, which is equivalent to $27.93 billion. This information was announced by Foxconn on Wednesday.

Further details about the company's record revenue can be found through Reuters, as reported in the Galveston County Daily News.