Business

Foxconn Surges to $59.7B Q2 Revenue, Fueled by Explosive AI and Cloud Computing Demand

Record-Breaking Quarterly Revenue

Hon Hai Precision Industry, widely known as Foxconn, has announced a staggering second-quarter revenue of NT$1.79 trillion (approximately $59.73 billion) for fiscal 2025, meeting analyst expectations. This remarkable achievement underscores the company's pivotal role in the tech industry's ongoing expansion.

AI and Cloud Computing: The Growth Engines

The surge in revenue is attributed to the insatiable demand for AI infrastructure and cloud computing solutions. Foxconn's strategic pivot towards these high-growth areas is paying off, with operating profit jumping 27% year-on-year to NT$56.60 billion, and net income exceeding forecasts at NT$44.36 billion.

Looking Ahead: A Bright Future in Enterprise Tech

With AI server revenue projected to skyrocket by over 170% in the third quarter, Foxconn is setting the stage for unprecedented growth in the enterprise technology sector. The company's first-half revenue totaled NT$3.44 trillion, marking a significant shift from consumer electronics to more lucrative markets like data centers and semiconductors.