Nvidia’s Foxconn posts 11% jump to $67.7 billion in Q3 on booming AI server demand

Foxconn brought in NT$2.06 trillion ($67.7 billion) in revenue in the third quarter of 2025, with growth powered by an explosion in demand for AI servers. In October alone, the Taiwanese hardware giant posted NT$895.7 billion ($29 billion) in sales, up 11.3% year-over-year, keeping pace with the revenue growth it recorded during the September quarter. That number is expected to climb even higher, as executives forecast a 15% increase in sales for the final quarter of the year, as AI spending keeps climbing across Big Tech. The company, officially named Hon Hai Precision Industry Co., builds the back-end server infrastructure where Nvidia chips operate. It’s one of the most critical suppliers in the AI chain right now, especially as companies like Meta and OpenAI dump billions into data center builds. But those companies still haven’t turned that spending into actual earnings. That hasn’t slowed Foxconn down. Every order for accelerators...

https://www.cryptopolitan.com/foxconn-sees-11-sales-surge-in-q3/