---
title: "Foxconn sees strong growth ahead on soaring AI demand"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288127469.md"
description: "Foxconn reported a 19% year-on-year profit increase in Q1, driven by strong AI demand. To capitalize on this growth, the company plans to raise capital spending by 30% this year to expand AI server manufacturing capacity. Chairman Young Liu anticipates continued momentum, noting that cloud providers' capital spending could reach $1 trillion next year."
datetime: "2026-05-30T01:25:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288127469.md)
  - [en](https://longbridge.com/en/news/288127469.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288127469.md)
---

# Foxconn sees strong growth ahead on soaring AI demand

Profit jump: Foxconn’s first-quarter earnings rose 19% year-on-year, beating expectations on strong AI product demand. AI-driven expansion: The company will boost capital spending by 30% this year to expand AI server manufacturing capacity. Market outlook: Chairman Young Liu projects growth momentum as cloud providers’ capital spending may reach $1 trillion next year.

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