Foxconn profit rises 35 per cent as AI servers pass half of revenue mix

Hon Hai Precision Industry (Foxconn) reported second-quarter profit of T$59.97 billion (US$1.86 billion), with cloud and networking products led by AI servers making up 51 per cent of revenue. The results and outlook were reported on August 12, 2026.

Mass production of Nvidia Vera Rubin server racks is expected to begin in the fourth quarter.

The significance is that AI demand is changing the economics of the world's largest electronics contractor. Risks in advanced packaging, memory, power systems and customer concentration continue.