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[BUSINESS] · Taiwan · 5 sources

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Foxconn Q3 revenue jumps 47% on surging AI server demand

Foxconn (Hon Hai Precision Industry) reported a significant surge in third-quarter revenue, reaching NT$3.03 trillion (approximately US$95.4 billion). This represents a 47% increase compared to the same period last year, surpassing market estimates of NT$2.83 trillion.

The growth is primarily attributed to robust demand for artificial intelligence (AI) infrastructure. The company’s cloud and networking segment, which includes AI servers and advanced networking gear, served as a major engine for this expansion. September alone recorded a single-month high of NT$1.16 trillion.

As a major manufacturing partner for companies like Nvidia and Apple, Foxconn is increasingly pivoting toward AI-related products. The company anticipates that its AI server rack shipments will more than double during the full year of 2026.

Entities

Apple · Foxconn · Hon Hai Precision Industry · Nvidia · Young Liu

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