TAIPEI – Foxconn's third quarter revenue grew 20% year-over-year to total NT1.9 trillion ($58.4 billion).

Chairman Young Liu said the company's revenue from AI servers more than doubled in the first nine months of the year compared to the same period last year, and now account for more than 40% of total revenue.

"Regarding the full-year outlook, we maintain our previous forecast for substantial growth, with visibility further improved compared to August," he said.

AI servers are expected to exceed 50% of total server revenue next year and become a primary growth driver for the company, Liu said.

"We won't just be an AI supplier but also an AI user," he said. "With significant advancements in AI computing power, we are constructing supercomputing centres, positioning ourselves as a major manufacturer with AI supercomputing capabilities."