Thursday, 12 November, 2026
AI Boom Powers Foxconn’s Profit Surge, Though Supply Bottlenecks Loom
By TechShots Studio
Fueled by soaring AI server demand, Taiwan’s Foxconn posted a forecast-beating 34% jump in third-quarter net profit to T$77.5 billion ($2.35 billion). While Nvidia’s top server manufacturer remains bullish on growth heading into next year, executives warned that persistent bottlenecks across AI and consumer electronics supply chains will keep demand outpacing supply for the foreseeable future.
Read full story at REUTERS