Foxconn aims to double Vietnam revenue as AI server demand surges

Foxconn Industrial Internet (601138.SH) Rises on Buyback Price Hike and AI Server Expansion – Stock Update for 27 November 2025

Foxconn Industrial Internet Co., Ltd. Class A shares (Shanghai: 601138, “FII”) traded higher on Thursday, 27 November 2025, as investors reacted to a sharply increased share buyback price ceiling and fresh signals that the company is doubling down on AI server growth in Vietnam. As of mid‑afternoon in Shanghai, FII was changing hands at CNY 61.24, up 3.92% on the day, with intraday trading between CNY 59.91 and 63.45. Turnover was heavy, with vo…

Foxconn aims to double Vietnam revenue as AI server demand surges

Foxconn Industrial Internet (FII) plans to double its revenue in Vietnam to US$20 billion in 2026, driven largely by surging demand for AI server systems and components purchased by cloud giants, including Amazon, Google, and Oracle.