Foxconn Bets on Trillion-Dollar AI Spending Wave as Taiwan’s Tech Supply Chain Enters a New Growth Era - Tekedia

Foxconn says big cloud firms are pouring money into AI infrastructure, with capex already above $700 billion this year and possibly nearing $1 trillion next year.

The company expects strong demand in the second half and is raising its own capex to expand AI server capacity.

The upbeat outlook sent Foxconn shares higher and points to a longer spending cycle for servers, chips, and data centers.

The trend should support Taiwan’s electronics supply chain, including companies tied to Nvidia, Dell, TSMC, MediaTek, and Delta Electronics.