Nvidia supplier Foxconn said revenue from artificial intelligence server production would almost double from this quarter to the next due to intense demand, in a signal of a sustained data centre boom.
AI server revenues were expected to grow by a “high double-digit” percentage in the fourth quarter compared with the previous three months, Foxconn’s chair Young Liu told investors on Wednesday.
Liu added that doubling AI server shipments industry-wide next year was a “conservative estimate” as applications for the technology expand and result in “explosive growth”.
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