Nvidia partner Foxconn reports 26% revenue spike as AI boom continues
Summary
The logo of multinational tech company Foxconn (also known as Hon Hai), which is a major manufacturer for Apple products, in Taipei, Taiwan, on April 16, 2025. Foxconn , a key Nvidia partner in its artificial intelligence buildout, saw its revenue spike 26% year-on-year in November, as demand for servers continued to ramp up amid the AI boom. The Taiwanese company, also known as Hon Hai, is the worlds largest contract electronics manufacturer and makes the servers that hold chips in data centers, as well as assembling Apples iPhone. A longstanding partner to many of the worlds largest tech companies including Nvidia and Apple, Foxconn has become a key player in the rollout of AI infrastructure in recent times. It was announced in May that the company would provide infrastructure to a major AI factory in Taiwan, in collaboration with Nvidia and the Taiwanese government.