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Foxconn, best known for making iPhones, is quickly becoming a major player in the AI infrastructure business.
The deets: the company expects its AI server shipments to grow at a high double-digit pace, and possibly double in 2026.
In fact, its cloud and networking division (which includes AI servers) has already become its biggest segment, contributing 40% of revenue, overtaking consumer electronics for the first time.
Foxconn already holds around 40% of the global AI server market, making it a key supplier to companies building large-scale AI systems.
Why this matters: the shift shows how Foxconn is moving from assembling gadgets to powering the backbone of AI. Instead of just building iPhones, it’s now building the servers that run AI models and cloud platforms.
To support this, the company is expanding manufacturing, especially in the US, where its largest AI server facility is expected to produce 2,000 server racks per week by 2026.
