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Foxconn Hits Record Q1 Sales at $66.6B, Fueled by AI Server Boom

Foxconn has achieved its highest-ever first-quarter sales, reaching $66.62 billion, a surge of nearly 30% year-on-year. The growth is primarily attributed to robust demand for AI-related products, with the company holding a dominant 40% share of the global AI server market. March sales also set a monthly record, soaring by over 45% compared to the same month last year. Looking ahead, Foxconn anticipates continued growth in the second quarter, driven by AI server shipments, though it notes potential risks from global economic conditions.

Key Points: Foxconn Q1 Sales Soar to $66.6B on AI Demand

  • Record Q1 sales of $66.62B
  • 29.68% yearly growth driven by AI
  • Holds 40% of global AI server market
  • March sales hit monthly record of $25.17B
2 min read

Foxconn reports highest-ever Q1 sales at USD 66.62 billion on strong AI demand

Foxconn reports record first-quarter sales of $66.62 billion, a 29.68% jump driven by strong AI server and cloud product shipments.

"AI server rack shipments could double in 2026 - Young Liu"

Taipei, April 6

Hon Hai Precision Industry Co., also known as Foxconn, has reported its highest-ever first quarter sales, driven by strong demand for artificial intelligence-related products, according to a report by Focus Taiwan.

The Taiwan-based manufacturing giant recorded consolidated sales of USD 66.62 billion in the first quarter, marking a sharp increase of 29.68 per cent compared to USD 51.33 billion in the same period of 2025.

The company, which holds around 40 per cent share of the global AI server market, said the growth was largely supported by robust shipments in its cloud and networking division, particularly AI-related devices.

Foxconn stated that its electronics component and smart consumer electronics divisions also posted growth in revenue during the quarter. However, the computing division reported a slight decline in sales.

On a monthly basis, the company saw strong momentum, with March sales reaching a record high. Consolidated sales for the month stood at approximately USD 25.17 billion, registering a rise of 45.57 per cent year-on-year and 34.90 per cent compared to the previous month.

Looking ahead, Foxconn said that while the second quarter is generally a slower period for the information and communications technology (ICT) industry, it expects continued growth driven by increasing shipments of AI server racks.

Based on current orders, the company indicated that it is likely to see both sequential and year-on-year growth in revenue during the April to June quarter. However, it also cautioned that evolving global political and economic conditions could pose risks.

Earlier, Foxconn Chairman Young Liu had said in mid-March that the company's AI server rack shipments could double in 2026 compared to the previous year. He also noted that Foxconn's overall AI portfolio is expected to gain a larger market share than in 2025.

The company's strong performance highlights the growing global demand for AI infrastructure, particularly in cloud computing and networking, which continues to drive revenue growth for major technology manufacturers.

- ANI

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Reader Comments

S
Sarah B
While the numbers are impressive, it's a stark reminder of the concentration of manufacturing power. India needs to accelerate its own electronics and semiconductor manufacturing plans under the PLI scheme to capture a piece of this AI-driven future.
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Priya S
Wow, 40% market share in AI servers! That's dominance. Their Chairman predicting shipments to double next year is bullish. This demand will eventually trickle down to more jobs in the ecosystem, hopefully including more in India. 🤞
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Rohit P
The caution about "global political and economic conditions" is key. Geopolitical tensions can disrupt these supply chains overnight. Diversification is not just an option but a necessity for global tech resilience.
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Karthik V
Respectfully, while we celebrate Foxconn's success, we must also ask if such growth is sustainable. The environmental cost of manufacturing at this scale and the e-waste from rapid tech upgrades are serious concerns that often get sidelined.
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Michael C
The March numbers are insane—up 45% year-on-year! This isn't just a spike; it's a fundamental shift. Every company is now an AI company, and Foxconn is building the backbone. Exciting times for tech, but hope it leads to more affordable tech for consumers too.

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