On November 5, Foxconn announced that its October revenue rose 46% year-over-year to NT$1.31 trillion (approximately US$39.7 billion), driven by the continued expansion of global AI infrastructure and robust market demand for Nvidia servers. Analysts Steven Tseng and Rebecca Wang noted that Foxconn is expected to maintain strong growth in the fourth quarter. September revenue grew 38% year-over-year to a record NT$1.16 trillion, propelling third-quarter revenue up 47% to NT$3.03 trillion and beating market expectations by 7%. The cloud computing and networking business, fueled by AI server demand, once again served as the primary growth driver, while the computing products and components business also posted strong growth. Despite higher average selling prices for iPhones, consumer electronics revenue remained flat, underscoring that AI has become the company's core growth engine. With Vera Rubin shipments gradually ramping up and seasonal tailwinds in the IT industry, Foxconn's growth momentum is expected to carry into the fourth quarter.