Foxconn slightly lowers 2025 forecast on tariffs and currency volatility

Key Nvidia supplier says AI servers to become NT$1tn business this year despite market noises

20250514 Foxconn logo

Foxconn has benefitted from AI server demand but been buffeted by a volatile exchange rate. (Photo by Kosaku Mimura)

LAULY LI and CHENG TING-FANG

TAIPEI -- Major Apple and Nvidia supplier Foxconn has slightly lowered its outlook for 2025 despite strong growth in AI servers, citing mounting tariff uncertainties and the strong appreciation of the Taiwanese dollar.

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