Lates News

date
05/12/2025
Foxconn's November revenue growth of 26% indicates strong demand for NVIDIA servers during the artificial intelligence development boom. Foxconn is a key player in the AI hardware industry centered around NVIDIA, responsible for manufacturing servers that house chips in data centers. Despite warnings of potential oversupply in the industry, American companies such as Meta and Amazon are still deploying billions of dollars for the equipment needed to train and operate AI, benefiting Foxconn. However, Foxconn continues to heavily rely on Apple's revenue for assembling iPhones and other major products. Foxconn is currently expanding its capacity in the United States, increasing AI server production at its established campuses in Wisconsin and Texas.