Foxconn reported record-breaking revenue for April, fueled by a surge in AI cloud product shipments. The company’s latest financial update shows strong monthly and yearly growth driven by demand for advanced tech components.
On Monday, Foxconn revealed April revenue reached NT$641.37 billion (US$21.39 billion). That marked a 16.16% increase from March and a 25.54% rise compared to April 2024. These numbers set a new monthly record for the tech giant.
The spike in AI cloud product shipments was a major factor behind the gains. According to Foxconn, shipments of AI servers and related components jumped significantly in April. Consumer smart devices also saw a modest monthly increase, while computer terminal products held steady.
Year-over-year, growth came mainly from higher shipments of AI cloud systems and related hardware. Sales of computer terminal products also contributed, while consumer smart devices maintained last year’s levels.
Industry experts linked the revenue boost to strong demand for Nvidia’s AI chips and the GB200 platform. Foxconn is a key supplier of GPU modules, server substrates, and full system assembly for those platforms. These shipments played a central role in April’s gains.
So far this year, Foxconn’s cumulative revenue has reached NT$2.28 trillion. That represents a 24.58% increase compared to the same period in 2024. This figure also marks the highest four-month total in company history.
Looking ahead to the second quarter, Foxconn expects continued strength in AI cloud product shipments. Despite seasonal slowdowns, the company predicts both quarterly and yearly revenue growth. However, executives remain cautious due to ongoing geopolitical and economic uncertainty.
As global tech demand continues to shift, AI cloud product shipments are likely to shape Foxconn’s performance in the months ahead. The company remains focused on scaling its cloud network production while monitoring broader market trend
