Foxconn just crossed a line that most people didn’t see coming. The company long synonymous with assembling iPhones now makes more money from AI servers than from consumer electronics.
Hon Hai Precision Industry Co., the company’s formal name, posted Q1 2026 consolidated revenue of NT$2.12 trillion, roughly $66 billion. That’s a 29% jump year-over-year, handily beating market expectations. Net profit attributable to the parent company hit NT$49.9 billion, up 19% from the same period last year, with earnings per share coming in at NT$3.56.
AI servers are now the main event
Here’s the number that matters most: Foxconn’s cloud and networking segment, which includes AI servers, accounted for nearly 50% of total revenue in Q1. That’s the first time AI-related products have overtaken traditional consumer electronics as the company’s primary revenue driver.
The monthly figures tell an even more aggressive story. April 2026 revenue reached NT$832.1 billion, a roughly 30% increase year-over-year. The combined April-to-May period brought in NT$1.69 trillion, or about $53.6 billion, representing a 34% surge compared to the same window last year.
