Foxconn Chairman Young Liu stated that a prolonged conflict between the U.S. and Iran will affect global prices for oil and raw materials. The escalating Middle East tensions are raising concerns about supply chain disruptions.
Liu, speaking at Foxconn's headquarters in New Taipei, indicated that the direct impact on his company, a major electronics manufacturer and key AI server producer for Nvidia, is currently limited. He anticipates 2026 will be a strong year for Foxconn, driven by robust demand for artificial intelligence products.
U.S. tech companies are increasingly utilizing the United Arab Emirates as a hub for AI computing. Recent retaliatory actions in the region have heightened anxieties over energy costs.