Foxconn's Q3 revenue tops estimates as AI server demand surges
· Source: cryptobriefing.com
In short
Foxconn (Hon Hai Precision Industry) reported third-quarter 2026 revenue of NT$3.03 trillion (about US$95.4 billion), up 47% year-on-year and well above the NT$2.83 trillion market estimate, driven by continued cloud provider spending on AI infrastructure. AI server-related products now account for more than half of total revenue, and the company expects AI server rack shipments to more than double in full-year 2026, with revenue from 800G+ networking switches also set to double.
Read Original Article — Read the full article on the publisher’s site.
Tags: supply chain, servers, semiconductors, manufacturing, infrastructure, capex