Hon Hai’s quarterly revenue reaches 3.03 trillion New Taiwan dollars, up 47% year-on-year and exceeds expectations
智通财经2026/10/05 08:18Foxconn Technology, a partner of Nvidia, reported better-than-expected quarterly revenue, indicating that global spending on artificial intelligence infrastructure remains high. For the three months ending in September, Foxconn's revenue reached 3.03 trillion New Taiwan dollars ($95.4 billions), a year-on-year increase of 47%, surpassing analysts' average estimate of 2.83 trillion New Taiwan dollars. Foxconn's strong sales growth follows Micron Technology's optimistic earnings outlook last week, further demonstrating that capital expenditure in the AI sector continues to rise. Meanwhile, industry executives such as OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have recently called for slowing the development of emerging AI technologies to ensure they remain under human control. As an assembly partner for Nvidia servers, Foxconn has benefited over the past two years from global cloud computing infrastructure construction. With rising concerns among investors about overcapacity, increasing debt levels, and regulatory hurdles, Foxconn's sales performance is also seen as an important indicator of the AI industry's overall health. The company’s share price has risen about 10% so far this year.
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