NEW TAIPEI, Taiwan, March 6 (Reuters) - Everyone will feel the impact on prices of oil and raw materials if the U.S. and Israeli conflict with Iran drags on, the chairman of Foxconn (2317.TW) , the world’s largest electronics maker and Nvidia’s (NVDA.O) key AI server maker, said on Friday.
The escalating conflict in the Middle East has rattled global markets and fuelled concern over risks to supply chains.
Speaking to reporters at Foxconn’s headquarters in Taiwan’s city of New Taipei, Young Liu said the fallout for his company was currently limited, however, and he expected 2026 to be a very good year for it.
Foxconn has reported record revenues, driven by strong demand for artificial intelligence products, although prolonged conflict in Iran has boosted concern over pricier energy.
U.S. tech giants such as Microsoft (MSFT.O) and Nvidia (NVDA.O) have been positioning the United Arab Emirates as a regional hub for artificial intelligence computing needed to power services such as ChatGPT.
Iran has launched a wave of missiles at Middle East targets in retaliation for U.S. and Israeli strikes that killed Supreme Leader Ayatollah Ali Khamenei on Saturday.

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- The ongoing conflict between the U.S., Israel, and Iran is expected to increase prices for oil and raw materials, affecting global markets.  
- Foxconn chairman Young Liu mentioned that while the fallout for his company is limited, 2026 is anticipated to be a strong year due to high demand for AI products.  
- He also highlighted that U.S. tech giants are establishing the United Arab Emirates as a pivotal regional hub for AI computing amidst rising concerns over energy prices.

Reuters

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Taiwan's Foxconn says everyone will feel impact of prolonged Iran conflict