Foxconn recorded its strongest monthly sales ever in July, surpassing T$900 billion as booming artificial intelligence demand drove record growth.
Taiwanese technology manufacturer Foxconn has reported its highest monthly revenue on record after July sales exceeded T$900 billion (about $27.93 billion), reflecting strong global demand for artificial intelligence-related products.
The company announced on Wednesday that monthly revenue crossed the T$900 billion mark for the first time, driven by continued growth in AI infrastructure and increased customer demand for advanced computing equipment.
Foxconn has become one of the biggest beneficiaries of the AI investment boom through its manufacturing partnerships with leading technology companies.
The company is a key supplier to Nvidia, whose AI chips have powered the rapid expansion of artificial intelligence applications worldwide, and also manufactures products for Apple.
The record performance underscores how rising investment in AI servers, data centres and high-performance computing is boosting demand across the global technology supply chain.
Foxconn’s latest results highlight the growing commercial impact of artificial intelligence, as companies continue to expand production capacity to meet accelerating demand for AI-enabled technologies.
The company said July revenue reached more than T$900 billion, equivalent to approximately $27.93 billion, marking the strongest monthly sales performance in its history. At the prevailing exchange rate, one US dollar was equivalent to 32.2240 Taiwan dollars.
