Foxconn chairman says AI bubble fears overdone, sees strong growth by 2027

Foxconn’s chairman said today that fears of an AI bubble are overstated and forecast strong growth by 2027, according to Nikkei Asia. The stance signals sustained demand for AI servers and components at a moment when investors are debating whether recent spending is peaking. As the world’s largest electronics manufacturer and a key assembler of AI hardware, Foxconn’s outlook can sway suppliers and capital plans across the tech supply chain.

Nikkei Asia reports he expects multi year enterprise deployments and data center upgrades to underpin demand, even as component supply and capex cycles fluctuate, and notes Foxconn, also known as Hon Hai Precision Industry, has expanded AI server and networking lines to target hyperscalers and corporate buyers. Watch for updated guidance in upcoming quarterly results and any 2027 revenue targets or capex plans Foxconn discloses. [Developing. This article will be updated.]