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#Foxconn# (#HonHai#) reported September revenue of NT$1,158.6 billion, up 38.42% YoY and 25.70% MoM, the first time monthly revenue has surpassed NT$1 trillion. It expects AI-related operations to continue growing in 4Q. 💡More: 🔗
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Foxconn, Nvidia’s biggest server maker, reported Q3 revenue of $95.4B, up 47% YoY and above estimates, driven by AI server demand.
September revenue rose 38%, and Foxconn expects AI-related operations to keep growing in Q4.
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FOXCONN: SEPTEMBER REVENUE +38.4% Y/Y || Q3 REVENUE +47.1% Y/Y || AI-RELATED OPERATIONS ARE EXPECTED TO CONTINUE GROWING IN THE FOURTH QUARTER || IT REMAINS NECESSARY TO MONITOR THE IMPACT OF A VOLATILE GLOBAL POLITICAL AND ECONOMIC ENVIRONMENT
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Foxconn Interconnect Technology (FIT) expects optical product shipments to grow in 2027. It says existing capacity is enough to meet current orders.
Customers are still weighing different optical technologies. FIT will review demand and adoption in early 2027 before deciding whether to invest more.
FIT says optical products carry higher margins, but their share of revenue is still too small to make much difference to its overall gross margin in 2026. It expects a bigger impact as shipments grow in 2027, though the pace will depend on customer adoption.
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Foxconn says third quarter to outperform market expectations on AI strength
Foxconn says third quarter to outperform market expectations on AI strength
FOXCONN: IT REMAINS NECESSARY TO MONITOR THE IMPACT OF THE VOLATILE GLOBAL POLITICAL AND ECONOMIC SITUATION
FOXCONN: CURRENTLY, THE COMPANY'S VISIBILITY FOR THE THIRD QUARTER HAS IMPROVED COMPARED TO THE PREVIOUS MONTH, WITH OVERALL PERFORMANCE EXPECTED TO OUTPERFORM MARKET EXPECTATIONS
FOXCONN: IN THE THIRD QUARTER, AS AI DEMAND CONTINUES TO GROW, AND ICT PRODUCTS ALSO ENTER THE PEAK SEASON OF THE SECOND HALF OF THE YEAR, OPERATIONS ARE EXPECTED TO GRADUALLY GAIN MOMENTUM
Foxconn is putting more capital into its US AI manufacturing base.
The company announced a $188 million capital increase for its fully owned US subsidiary Q-Edge Corporation. After the injection, total investment in Q-Edge reaches $226 million while ownership stays at 100%.
Q-Edge handles Foxconn’s localized manufacturing and operations in the United States, with sites in Indiana and Houston.
It focuses on hardware assembly and has been expanding capacity for high-performance computing and AI servers.
The market reads the move as further scaling of US AI product output to meet customer demand for domestic production.
Foxconn executives have already flagged that AI capacity needs remain very strong into next year and that capital spending will keep rising across the US, Mexico, Vietnam and Taiwan.
Full-year 2026 group capital expenditure is expected to grow more than 30% as the company advances server cabinets, liquid cooling, testing and regional manufacturing footprints.
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