Foxconn reports a 22% revenue growth this year thanks to AI and Nvidia

Key facts about Foxconn for the first two months of 2026

Metric Value
Revenue for January–February 1.33 trillion TWD (≈ 41.9 billion USD)
Year‑over‑year growth +21.6 %
Projected Q1 growth +28 % (analyst forecast)
Revenue growth in February +8 % (vs. January 2025)

What’s behind the numbers
1. New demand for Nvidia servers

- Foxconn, also known as Hon Hai Precision Industry, has benefited from the growing market for servers based on Nvidia GPU accelerators, which are considered critical to AI development worldwide.

2. Supply of AI racks and servers

- In the current quarter the company continues to increase volumes of rack units and specialized AI servers, confirming sustained demand from major technology giants.

3. Positioning as a key player

- By building servers on Nvidia accelerators, Foxconn has cemented itself as one of the leaders in the AI hardware market. This is especially important given Alphabet, Amazon, Meta, and Microsoft’s plans to invest more than $650 billion in AI development in 2026.

4. Factors driving monthly fluctuations

- Despite overall growth, revenue rose only 8 % in February. Experts attribute this to Lunar New Year holidays falling in February this year, whereas they fell in January 2025, leading to lower sales activity.

Conclusion
Foxconn shows steady revenue growth thanks to high demand for Nvidia servers and ongoing AI infrastructure development. In Q1 the company expects results to approach market expectations, and the overall trend points to further expansion in the AI hardware segment.