Foxconn Q1 Revenue Jumps 30% Driven by Surging AI Server Demand
Foxconn reported a 29.7% year-on-year revenue rise in Q1 2026, fuelled by strong demand for AI racks, while cautioning on geopolitical uncertainty.
Foxconn reported a 29.7% year-on-year revenue rise in Q1 2026, fuelled by strong demand for AI racks, while cautioning on geopolitical uncertainty.
A significant global shortage of DRAM and NAND storage is causing price hikes of over 50% and long delivery delays, creating a major bottleneck that could stall on-premise AI projects for many enterprises in 2026.
Rising demand for AI is causing a global shortage of DRAM and NAND storage, with prices expected to increase by over 50%, potentially forcing enterprises to postpone on-premise AI deployments.
The rapid growth of AI is causing a shortage of memory chips, which is expected to drive up the prices of PCs and smartphones by 10-20% in 2026. The supply constraints could last until 2027 or longer.