Foxconn Chairman Young Liu highlighted the company's strategic focus on AI during a shareholder meeting in New Taipei on May 29. Liu underscored the substantial demand for AI, driven by a collective $700 billion investment in AI infrastructure by major cloud service providers in 2026, with expectations to reach $1 trillion by 2027. Foxconn, a leading server manufacturer for Nvidia and assembler for Apple, sees this as a significant growth opportunity. Foxconn reported a 19% year-over-year profit increase in Q1 2026, surpassing analyst expectations, largely due to strong AI server sales. In response, the company plans to increase its capital expenditure by 30% this year, focusing on expanding AI server manufacturing capabilities. Despite a 19% rise in its share price year-to-date, Foxconn's performance trails the broader Taiwan index, highlighting the importance of continued growth in AI infrastructure for future gains.