工业富联：ASIC 与 AI 服务器多元化趋势驱动未来增长；引入 2028 年预期；给予 “买入” 评级

30 November 2025 | 10:14AM HKT Equity Research Foxconn Industrial Internet (601138.SS): ASIC and diversifying AI servers trend to drive growth ahead; 2028E introduced; Buy We reiterate our positive view on FII and expect the company's comprehensive AI servers offerings and global production sites to secure its leading market position and continue to benefit in the rising ASIC AI servers trend. FII's ASIC AI servers are across leading US CSPs and enterprises, with shipment contribution toward 30% of AI serve ...