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Foxconn profit jumps 19 percent as AI server demand surges
Technology
Published on 14 May 2026

Cyberattack hit North American plants but output resumes fast
Taiwanese tech giant Foxconn reported a 19% quarterly net profit increase, driven by strong AI server demand. The company expects this momentum to continue as customers expand infrastructure. While its North America factories were hit by a cyberattack, Foxconn says operations are resuming normally. It also noted geopolitical risks aren’t affecting its outlook.
- Foxconn’s quarterly net profit rose 19% on AI server demand
- AI infrastructure demand is expected to stay strong
- North America factories faced a cyberattack but production is restarting
- Geopolitics are not seen as a threat to its outlook
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
