Key facts
- Foxconn's July revenue reached a record T$900 billion ($27.93 billion).
- The company's July sales were NT$613.87 billion (US$20.5 billion), up 7.25% year-on-year.
- Strong demand for AI servers fueled growth in Foxconn's cloud and networking division.
- Foxconn's Q2 2026 revenue was $78.71 billion, a 39.8% year-on-year increase.
- The company expects continued growth in AI rack shipments for Q3 2026.
Foxconn, a major supplier for Nvidia and Apple, reported a record monthly revenue of over T$900 billion ($27.93 billion) in July, marking the first time it surpassed this threshold. This achievement was primarily driven by strong demand for AI servers, which significantly boosted the company's cloud and networking division. The company's overall July sales reached NT$613.87 billion (US$20.5 billion), a 7.25% increase year-on-year and a 13.63% rise from June.
In its second quarter results for 2026, Foxconn posted revenue of T$2.513 trillion (approximately $78.71 billion), a nearly 40% year-on-year advance and exceeding analyst expectations. The company's June monthly revenue alone set a record at T$821.8 billion, a 52.1% year-on-year surge, indicating an accelerating trajectory. Management attributed the Q2 performance to elevated demand for AI servers and related data-center infrastructure, positioning Foxconn as a critical assembler for Nvidia's GPU-based systems.
However, the company's electronics component and smart consumer electronics sales saw a decline compared to the previous year, which Foxconn linked to the strength of the Taiwan dollar. This currency headwind is a broader challenge for Taiwan's export-driven tech sector. Despite these challenges, Foxconn's management provided a positive outlook for the third quarter of 2026, projecting sustained upward trajectory for AI rack shipment volumes and overall operational expansion.