Taiwanese electronics giant Foxconn reported a 35% increase in Q2 2026 profits, significantly beating market forecasts due to the massive global demand for AI-powered servers.
The company confirmed that AI-related infrastructure now accounts for over 50% of its total revenue, reflecting a successful pivot from consumer electronics to high-end cloud computing hardware.
Foxconn is currently ramping up global production capacity to meet orders from major tech firms, solidifying its position as a critical partner in the ongoing AI chip boom.