Nvidia partner Foxconn reports 22% revenue surge as AI buildout ramps up

Foxconn, a key ally of Nvidia, has announced a remarkable 22% increase in revenue for the last quarter of 2025. This surge comes as technology companies ramp up their investments in AI infrastructure. Known formally as Hon Hai, Foxconn's revenue reached an impressive 2.6 trillion Taiwan dollars (approximately $83 billion) for the quarter ending in December, outpacing analyst predictions of 2.4 trillion Taiwan dollars (around $77 billion). As the largest contract electronics manufacturer globally, Foxconn plays a pivotal role in producing servers that house chips within data centers and also assembles Apple's iPhone. The company is rapidly becoming a significant force in the AI sector as businesses strive to enhance their technological frameworks. Over the course of 2025, Foxconn's share price soared by 25%, building on a staggering 76% increase from the previous year. In a statement, Foxconn highlighted, "Revenue in the fourth quarter of 2025 showed robust growth both quarter-over-quarter and year-over-year, surpassing our expectations for substantial growth, which sets a high baseline for the first quarter." In November, the company forged a partnership with OpenAI to collaborate on the development of next-generation AI infrastructure hardware. Additionally, in May, Foxconn announced its collaboration with Nvidia and the Taiwanese government to establish infrastructure for a significant AI factory in Taiwan. In July, the company also revealed its investment in TECO Electric & Machinery Co., a data center construction firm. Despite entering the seasonal downturn typically seen in the first quarter of the year for ICT products, Foxconn anticipates that earnings will remain strong, buoyed by the ongoing demand for AI rack shipments.