Foxconn chief downplays AI bubble concerns, sees strong 2027 growth

Leading contract manufacturer plans major supply chain expansion in Texas Foxconn Chairman Young Liu, right, told attendees at its annual tech day that the company is not just an assembler "moving boxes around" but can build state-of-the-art equipment such as Nvidia's DSX POD (left), a modular container-sized AI factory. (Source photos by Lauly Li) TAIPEI -- Foxconn's chairman on Friday downplayed concerns about a possible artificial intelligence bubble, saying demand for the key Nvidia server supplier was clear and strong, and sales growth was expected to be double-digit in 2027.