Foxconn expects its AI server rack shipments to grow by a high double-digit percentage quarter over quarter in the fourth quarter of 2026, with full-year shipments more than doubling compared with 2025. Third-quarter revenue climbed 46% year over year to NT$3.016 trillion, while net profit rose 34% to NT$77.52 billion. The cloud and networking segment, which includes AI servers, represented 54% of revenue, up from 51% in the previous quarter, and October sales reached a record NT$1.31 trillion. Chairman and CEO Young Liu said demand for AI infrastructure remains robust, with capacity booked for at least 18 months. Foxconn also targets raising its estimated 40% share of the global AI server market to around 50% within one to two years.
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