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Foxconn's Q3 revenue jumps 47% on strong AI product demand, beating forecasts.

Market News
05 Oct 2026
Proactive Investors
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Bullish
Foxconn's Q3 revenue jumps 47% on strong AI product demand, beating forecasts.

Foxconn, the world's largest contract electronics maker and Nvidia's top server producer, reported a 47% revenue increase in Q3 to $95.4 billion, surpassing the $89.1 billion forecast. This growth was driven by strong demand for AI-related products and robust sales in smart consumer electronics, including iPhones. September alone saw a 38% revenue rise to a record $36.5 billion. Foxconn expects continued growth in AI operations and strong seasonal electronics sales in Q4, with full earnings due November 12.

Following Foxconn's strong Q3 revenue growth driven by AI demand, Nvidia shares on Pluang have gained 1.36% in the last day, trading at USD 237.14 as of Oct 05, 2026 22:13 WIB. Nvidia, a key player in AI server production, holds a market cap of $5.65 trillion and offers a dividend yield of 0.43%, with investors typically holding the stock for about 115 days.

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