StocksMediumUpdated•Originally published 5 November 2026•Updated 5 November 2026•
1 min read
Foxconn Sales Jump 46% on Strong Demand for NVIDIA AI Servers
Key Facts
1Foxconn reported a 46% jump in sales driven by strong demand for AI servers.
2The company, a key partner for Nvidia, expects growth momentum to continue through the fourth quarter.
Foxconn reported October revenue of NT$1.31 trillion ($39.7 billion), representing a 46% jump in sales driven by robust demand for AI servers. Seeking Alpha reported that the company, a key partner for NVIDIA, expects growth momentum to continue through the fourth quarter of 2026 as global AI infrastructure expansion persists.
NVIDIA shares closed at $200.13 on November 4, 2026, while the broader semiconductor sector showed varied performance with TSM closing at $395.75 and AMD at $488.78 on the same date. These results coincide with INTC closing at $58.27 on November 4, 2026, as the tech supply chain responds to the global scaling of AI data centers.