Foxconn, the world’s largest electronics contract manufacturer and a vital player in the global technology ecosystem, has posted its highest-ever quarterly revenue as the artificial intelligence (AI) boom continues to reshape the tech manufacturing landscape.

Record Revenue Driven by AI Hardware Demand

For the quarter ending September 2025, Foxconn’s revenue climbed 11% year-over-year to NT$2.06 trillion (approximately US$67.8 billion), setting a new company record. The surge was primarily fueled by explosive growth in its cloud and networking division, which has become a key supplier of AI server infrastructure to global technology companies.

AI-related demand, particularly from major U.S. data center operators and chip developers, has transformed Foxconn’s business mix. The company reported that September 2025 alone delivered NT$837.1 billion in revenue, a 14.2% increase year-over-year, marking its best monthly performance on record.

Currency Pressures Temper Growth

Despite the strong topline numbers, Foxconn’s quarterly results came in slightly below analyst expectations, largely due to foreign exchange challenges. The Taiwan dollar appreciated nearly 8% against the U.S. dollar over the past year, reducing the value of overseas earnings when converted back to local currency.

At the same time, consumer electronics demand, particularly in smartphones, remained soft, with iPhone assembly volumes declining marginally compared to last year. Industry-wide weakness in mobile device sales and tighter consumer spending contributed to slower growth in that segment.

Strategic Shifts and Global Expansion

Foxconn’s leadership emphasized that the company remains cautiously optimistic despite currency and geopolitical headwinds. Executives highlighted ongoing efforts to diversify global production and mitigate risk amid U.S.–China trade tensions.

The company has accelerated investments in AI-focused manufacturing facilities in the United States, including advanced server assembly plants in Wisconsin and Texas. These initiatives align with the rapid buildout of large-scale data centers powering the next generation of AI applications.

One of the most significant growth catalysts is Foxconn’s involvement in OpenAI’s $400 billion “Stargate” data center project, a sweeping U.S.-based initiative supported by partners like Oracle and SoftBank. Foxconn is expected to play a central role in supplying high-performance computing (HPC) server systems for the project.

Market Confidence and Investor Outlook

Investors have rewarded Foxconn’s pivot toward AI infrastructure, pushing its stock up 23% year-to-date, outperforming the TAIEX benchmark, which has risen about 16% in the same period. Market analysts say Foxconn’s ability to align its production strategy with global AI investment trends has positioned it as a critical hardware enabler in the ongoing digital transformation.

While Foxconn’s detailed third-quarter earnings report is scheduled for release in November 2025, preliminary figures already underscore the company’s strategic agility and long-term resilience.

Looking Ahead

As AI adoption accelerates across industries, Foxconn’s expertise in large-scale, high-precision electronics manufacturing places it at the center of one of the most powerful technology shifts in decades.

With record revenues, expanding global operations, and deep integration into the AI supply chain, Foxconn appears well-positioned to sustain its growth trajectory into the final quarter of 2025 and beyond, even as it navigates currency fluctuations and shifting global trade dynamics.