Foxconn is generating substantial revenue from AI servers, surpassing its consumer electronics segment for the first time. In Q2, total revenue increased by 16%, driven by a 41% contribution from the Cloud and Networking Products division. AI server sales grew by 60% year over year, with predictions of a 170% increase in Q3. The company expects annual revenue from AI servers to exceed NT$1 trillion. CEO Kathy Yang believes AI investments will continue well into 2026 and beyond, solidifying AI's position as a transformative industrial force.
Foxconn's Cloud and Networking Products division saw 41% of total revenue, surpassing consumer electronics for the first time, driven by a significant growth in AI servers.
Sales of AI servers grew by 60% year over year, with forecasts predicting a 170% revenue increase and a 300% increase in server rack sales in Q3.
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