Key facts
- Foxconn chairman downplayed concerns about a possible AI bubble.
- Demand for the company's products is clear and strong.
- Double-digit sales growth is expected in 2027.
Foxconn Chairman Young Liu on Friday downplayed concerns about a possible artificial intelligence bubble, stating that demand for the company's products is clear and strong. Liu anticipates double-digit sales growth in 2027. The technology contract manufacturer plans a major supply chain expansion in Texas. Liu noted that Foxconn can build state-of-the-art equipment, such as Nvidia's DSX POD, which is a modular container-sized AI factory.