Foxconn's profits soar on AI server demand

Business Nov 12, 2025

Foxconn just posted a 17% jump in third-quarter profits, hitting $1.89 billion—way above what analysts expected.
The big reason? Huge demand for AI servers, notably for NVIDIA, and steady iPhone assembly work.

Foxconn's stock is up 36% this year

Looking ahead, Foxconn expects even more revenue growth as it builds new factories in Mexico and Texas for NVIDIA's AI servers and ramps up iPhone production in India for the US market.
After selling its Ohio electric vehicle plant, Foxconn's stock is up 36% this year.
Stay tuned—an earnings call later today should reveal more about their plans for the year.