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Foxconn revenue jumps 47% as AI server demand surges

Foxconn has delivered another major signal that the artificial intelligence infrastructure boom is still accelerating.

The world’s largest contract electronics manufacturer reported third-quarter revenue of NT$3.03 trillion, about $95.4 billion, up 47% from a year earlier and ahead of expectations. Strong AI-related cloud and networking demand was a major driver.

Foxconn is not U.S.-listed, but its results matter because it manufactures servers and computing systems across the global AI supply chain.

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