Foxconn Achieves Record Q1 Sales of $66.62 Billion Driven by AI Demand

• Foxconn reported its highest-ever first-quarter sales, reaching USD 66.62 billion, a 29.68 percent increase year-on-year.
• The growth was primarily fueled by strong demand for AI-related products and robust shipments in its cloud and networking division.
• Foxconn holds approximately 40 percent of the global AI server market.
• March sales hit a record high of USD 25.17 billion, up 45.57 percent year-on-year.
• The company anticipates continued growth in Q2, driven by increasing AI server rack shipments, despite potential global economic risks.