Foxconn, the tech giant behind Apple's and NVIDIA's hardware, says it expects double-digit revenue growth in 2027, all thanks to booming demand for AI servers and networking gear.
Chairman Young Liu shared this upbeat forecast after the company's latest earnings beat expectations, fueled by global investments in AI infrastructure.
Foxconn ramps gadget production, explores EVs
Even with some market uncertainty, like a recent stock dip and questions about how long the AI boom will last, Foxconn isn't slowing down.
The company is ramping up production of premium gadgets like the iPhone Duo and making moves into electric vehicles, hoping these bets will keep it strong as the tech world keeps changing.