Foxconn Reports 24% Profit Rise, Forecasts Strong AI Server Growth in 2026

Taiwan's Foxconn reported a 24 percent rise in 2025 net profit to NT 189.4 billion ($5.9 billion), driven by strong demand for AI servers and a shift from consumer electronics to cloud and networking products. The company forecasts robust revenue growth for 2026, expecting AI server shipments to grow at a high double-digit rate and potentially double annually. Despite geopolitical and energy market uncertainties, Foxconn aims to expand its 40 percent share of the global AI server market, with significant production capacity in the US supporting this growth.