
Taiwan's Foxconn forecasts strong first-quarter performance
Taiwan's Foxconn on Thursday flagged strong expectations for its first quarter performance, after reporting a 35.5% year-on-year rise in January revenue.
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Taiwan's Foxconn on Thursday flagged strong expectations for its first quarter performance, after reporting a 35.5% year-on-year rise in January revenue.

The village board in Mount Pleasant, Wisconsin, unanimously approved Microsoft's site plans for 15 more data centers near an existing facility. Jobs at the project could last 10 years, said Mount Pleasant's village board president, David DeGroot.

The new company will combine Fuso's expertise in design, development and manufacturing of buses with Foxconn's zero-emission vehicle technology and global network.

Weekend tech highlights include Apple CEO succession rumors, JPMorgan winning the Apple Card, and record Q4 revenue at Foxconn boosting Nvidia and Apple.

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Foxconn posted record fourth-quarter revenue driven by surging AI server demand, beating estimates by 8% and prompting Gene Munster to call the results a bullish signal for Nvidia and a positive read on Apple's iPhone demand.

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Foxconn, the world's largest contract electronics manufacturer and a key partner to Nvidia, reported a sharp rise in revenue in the final quarter of 2025, underscoring the continued momentum behind global investment in artificial intelligence infrastructure. Also known as Hon Hai Precision Industry Co.

Nvidia stock was rising as Taiwanese partner Foxconn said shipments of its AI server racks continue to ramp up.

Foxconn reported revenues of $2.6 trillion Taiwan dollars ($83 billion) in the fourth quarter of 2025. The figure is a 22% increase on earnings year-on-year and tops analyst and company expectations.

Taiwan's Foxconn, the world's largest contract electronics maker, reported record fourth-quarter revenue on Monday, driven by strong demand for artificial intelligence products.

Nvidia CEO Jensen Huang is reportedly set to return to Taiwan this month to announce a new Taipei headquarters as booming AI demand - especially from China - boosts Nvidia's valuation while putting increasing strain on TSMC's chipmaking capacity.

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Foxconn , the world's largest contract electronics maker, said on Friday it will invest T$15.9 billion ($509.94 million) to build its Kaohsiung headquarters in southern Taiwan.

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Foxconn, also known as Hon Hai, has reported a 26% year-on-year revenue increase. The company is the world's largest contract electronics manufacturer, assembling Apple's iPhone and making the servers that hold chips in data centers.

Fushan Technology, a subsidiary of Taiwanese electronics manufacturer Foxconn, is seeking a permit to expand production in Vietnam to make Xbox game consoles and other electronic parts, according to a company document sent to Bac Ninh province's environmental department.

Taiwan's Foxconn said on Wednesday that it has won regulatory approval for an additional $569 million investment in the U.S. state of Wisconsin.

Hon Hai Precision remains a "Buy," as its AI servers, smartphones, and EV units exhibit good growth potential. AI servers are set to become HNHPF's largest revenue driver by 2026, fueled by sovereign AI projects and share gains. Foldable iPhone production and accelerating EV outsourcing trends offer meaningful upside for HNHPF's consumer electronics and automotive divisions, respectively, in the mid-term.

Hon Hai Precision Industry Co. aims to spend $1 billion to $5 billion growing its US manufacturing footprint, propelling a global expansion aimed at sating the enormous needs of AI sector leaders Nvidia Corp. and OpenAI.