Foxconn reports record first quarter sales driven by AI server demand

Foxconn, formally known as Hon Hai Precision Industry, reported a strong increase in first quarter revenue for 2026, driven by sustained demand for artificial intelligence (AI) infrastructure and solid performance in its consumer electronics segment. The Taiwanese electronics manufacturer, which supplies major tech companies like Apple and Nvidia, said revenue for the January to March period rose 29.7% year-on-year to T$2.13 trillion (approximately US$66.6 billion).