Foxconn has reported a record third-quarter revenue of NT$1.85 trillion (approximately $57.3 billion), marking a 20.2% year-on-year increase, driven primarily by strong demand for artificial intelligence (AI) servers. This performance exceeded market expectations, as analysts had forecasted revenue of NT$1.79 trillion. Foxconn's growth in the AI sector comes despite a flat year-on-year performance in its division that includes iPhones. In related news, Foxconn is set to build the world's largest manufacturing facility for Nvidia's GB200 chips in Mexico to meet the 'awfully huge' demand for AI technology. This facility aims to handle production for Nvidia's next-generation Blackwell platform, reflecting the increasing demand for AI computing capabilities. Additionally, Foxconn is collaborating with Nvidia to develop Taiwan's fastest AI supercomputer, further solidifying its role in the AI revolution.