Foxconn Industrial Internet Posts Robust First-Half Profit Surge of 96% on AI Demand

Stock News08-11

Foxconn Industrial Internet Co.,Ltd. (601138.SH) has released its financial results for the first half of the 2026 fiscal year, reporting a significant jump in profitability driven by soaring demand for artificial intelligence computing power.

During the reporting period, the company achieved a total operating revenue of 557.861 billion yuan, marking a 54.63% increase year-on-year. Net profit attributable to shareholders of the listed company reached 23.74 billion yuan, a robust 95.99% rise compared to the same period last year. Excluding non-recurring gains and losses, net profit attributable to shareholders stood at 22.984 billion yuan, up by 96.99%. Basic earnings per share hit 1.2 yuan.

The company attributed the revenue growth primarily to the sustained explosion in AI computing power demand. Foxconn Industrial Internet Co.,Ltd. noted that its market share among key clients has steadily increased, and the strong performance of its cloud service provider business further propelled overall revenue expansion.

The sharp rise in net profit was also linked to the AI boom. The company stated that the surge in AI-related demand has steadily improved the operational efficiency and profitability of its core business segments.

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