The AI boom helped Apple supplier Foxconn earn more from manufacturing servers than smartphones for the first time, marking a milestone in its efforts to reduce its dependency on the low-margin , Foxconn has hit a turning point. For the first time, it has made more money from building AI servers than from assembling Apple’s iPhones. In the three months to June, sales from its cloud and , Foxconn's AI server revenue surpassed Apple earnings in Q2 2025, accounting for 41% versus 35% of total revenue. Driven by Nvidia chip demand, it grew 60% year-over-year, yielding record profits. The company forecasts 170% Q3 growth, highlighting a strategic shift from consumer electronics to AI infrastructure., Foxconn, the largest iPhone manufacturer, churned record profit building AI servers The electronics maker expects its AI server business to grow 170% year-over-year in the third quarter, Foxconn on Thursday forecast a significant rise in third-quarter revenue as the world's biggest iPhone maker said it had for the first time made more money from its AI server business than from , .