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Foxconn’s AI Server Revenue Tops Consumer Electronics in Q2

Foxconn is expanding production capacity with new factories in Houston, Texas, Mexico to capitalize on surging demand for AI infrastructure driven by its longstanding Nvidia partnership

Young Liu, Chairman of Hon Hai Technology Group (Foxconn), delivers a keynote speech at Computex in Taipei, Taiwan May 20, 2025. REUTERS/Ann Wang/File Photo

Overview

  • In Q2 2025, cloud and networking products generated 41% of Foxconn’s revenue compared with 35% from consumer electronics.
  • The company holds approximately 40% market share in both general-purpose and AI servers and is Nvidia’s largest server manufacturer.
  • Foxconn anticipates more than 170% year-on-year growth in AI server revenue for the third quarter.
  • New production sites in Houston and Mexico support Nvidia’s U.S. investment plan and aim to address rising demand from cloud service providers.
  • Diversification into electric vehicles and semiconductors continues but has yet to contribute significantly to overall revenue.