Economic Daily: Foxconn Chairman Young Liu says AI demand will still exceed supply in 2027, cloud products to top 60% of revenue

According to Taiwan’s Economic Daily, Foxconn Chairman Young Liu said on Nov. 12 that overall AI demand is still expected to outstrip supply in 2027, keeping the market tight. He said Foxconn’s AI-related cloud product revenue will rise to more than 60% of sales over the next three to five years. Liu added that chips, memory and some key components remain constrained, while higher prices may weigh on PC replacement demand.