Revenue rose 20% to NT$1.855 trillion, a record for the period. AI-server sales grew over 200% in the first nine months of the year and are expected to be the biggest driver of Foxconn’s business in 2025, Chairman Young Liu said during the earnings call.

Taiwan's Foxconn , the world's largest contract electronics maker, said on Thursday it expected robust growth in its artificial intelligence server business next year after reporting a better-than-expected 14% rise in quarterly profit.

Last month, the company said third-quarter revenue jumped 20% from a year earlier, beating expectations to post its highest-ever revenue for that quarter on strong sales of AI servers.