The logo of multinational tech institution Foxconn (also known arsenic Hon Hai), which is simply a large shaper for Apple products, successful Taipei, Taiwan, connected April 16, 2025.
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Foxconn, a cardinal Nvidia spouse successful its artificial quality buildout, saw its gross spike 26% year-on-year successful November, arsenic request for servers continued to ramp up amid the AI boom.
The Taiwanese company, besides known arsenic Hon Hai, is the world's largest declaration electronics shaper and makes the servers that clasp chips successful information centers, arsenic good arsenic assembling Apple's iPhone.
Foxconn connected Friday reported "strong growth" year-on-year for its unreality and networking products, pointing to "momentum for AI server racks," successful its monthly gross report. It reported gross of NT$844.3 cardinal ($27 billion) for November.
A longstanding spouse to galore of the world's largest tech companies including Nvidia and Apple, Foxconn has become a cardinal player successful the rollout of AI infrastructure successful caller times.
It was announced successful May that the institution would supply infrastructure to a large AI mill successful Taiwan, successful collaboration with Nvidia and the Taiwanese government. Two months aboriginal Foxconn announced it was taking a involvement successful information halfway operation institution TECO Electric & Machinery Co.
OpenAI said past period that it would collaborate with the Taiwanese institution connected plan enactment and U.S. manufacturing readiness for adjacent procreation AI infrastructure hardware.
Foxconn's month-on-month gross was down astir 6%, with the institution pointing to its astute user electronics conception somewhat declining.
"AI server rack shipments proceed to ramp up, and ICT products are successful highest play successful the 2nd fractional of the year," the monthly study said successful its concern outlook for the 4th quarter.
The institution said successful November that maturation successful its AI server concern had seen its third-quarter profits leap 17% year-on-year.
Foxconn's stock terms has jumped 26% since the commencement of 2025, pursuing a 76% uptick implicit the erstwhile 12 months.
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