Foxconn Expects AI Infrastructure Spending to Sustain Rapid Double-Digit Growth

Generative AI is prompting major cloud service providers to shift capital spending toward data centers and computing capacity, driving simultaneous growth in demand for AI servers, networking equipment and liquid-cooling systems. Hon Hai Technology Group, also known as Foxconn, invests more than NT$100 billion annually in research and development and has expanded from components into rack integration, making it a key supplier in the AI infrastructure buildout.

Foxconn released its annual business report on April 29, 2026. Chairman Young Liu said AI infrastructure spending could sustain rapid double-digit growth even if global economic growth for the full year is estimated at about 3%. The company will use its global supply chain, automated manufacturing and liquid-cooling technologies to accelerate customer deployments and will outline its outlook at its May 29 shareholders' meeting.