Nvidia partner Foxconn revenue surge tops expectations
FoxconnAn important partner for Nvidiareported a 22% increase in revenues in the final quarter of 2025 as technology companies continued to increase spending on AI infrastructure.
Foxconn, also known as Hon Hai, reported revenue of 2.6 trillion Taiwan dollars ($83 billion) in the quarter through December as its components and cloud businesses posted strong growth.
According to LSEG estimates, this figure is above analysts’ expectations of NT$2.4 trillion ($77 billion).
Foxconn is the world’s largest contract electronics manufacturer and produces the servers that hold the chips in data centers. It also collects Apple’s iPhone.
The company has emerged as a major player in the artificial intelligence space as companies race to build infrastructure for the technology. The share price is up 25% across 2025, following a 76% increase on the previous year.
“Revenue in the fourth quarter of 2025 achieved strong growth on both a quarterly and annual basis, exceeding our expectation of significant growth and establishing a high base for the first quarter,” the company said in a statement.
Foxconn signed a partnership with OpenAI in November to collaborate on next-generation AI infrastructure hardware designs.
In May, it was announced that the company would partner with Nvidia and the Taiwanese government to provide infrastructure for a large AI factory in Taiwan.
It also announced in July that it would acquire a stake in a data center construction company TECO Electricity and Machinery Inc..
Foxconn said it expects earnings to be near the upper end of the last five-year range, thanks to a continued increase in AI rack shipments, despite entering the “traditional off-season” for ICT products in the first quarter of the year.
