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Foxconn Expects Strong AI Demand to Persist
Financial Express Kochi
|August 15, 2025
FOXCONN ON THURSDAY forecast a significant rise in third-quarter revenue as the world's biggest iPhone maker said it had for the first time made more money from its AI server business than from smart electronics last quarter.
The company said artificial intelligence server revenue is expected to leap more than 170% year-on-year in the coming quarter, though it also warned of uncertainty from US tariffs.
Nvidia's biggest server maker and Apple's top iPhone assembler has been riding a data centre boom, as cloud computing firms such as Amazon, Microsoft and Alphabet's Google spend billions of dollars to expand their AI infrastructure and research capacity.
This story is from the August 15, 2025 edition of Financial Express Kochi.
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