⚡️Foxconn ditches iPhone dependence in AI-driven shift ⚡️
- In Q2, Foxconn earned more from AI servers and cloud equipment than from consumer devices like iPhones
- Under Chairman Young Liu, Foxconn’s early move into AI infrastructure, especially with Nvidia, has positioned it as one of the world’s top AI server manufacturers, with a market share near 40%.
- Companies like Quanta and Wistron are also shifting focus to AI servers, with Taiwan now estimated to produce 80% of global servers and over 90% of AI servers.
