Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Friday that fourth-quarter profit rose 2.35% on strong demand for artificial intelligence servers. Net profit for October-December for Apple's top iPhone assembler and Nvidia's AI server maker likely came in at T$54.

For the first quarter of 2025, Foxconn said its AI server revenue is expected to grow more than 100% both quarter-on-quarter and year-over-year. "As the GB200 enters mass production, we believe AI server revenue will improve quarter by quarter," said the company.

Foxconn suffered a surprise dropped in profit in Q4, with soft iPhones sales in China offsetting brisk demand from for AI servers.