TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, reported on Wednesday a 17% rise in third-quarter profit that beat market forecasts on sustained strength in demand for artificial intelligence servers.

Net profit for the July-September period for Nvidia's ( NVDA ) biggest server maker and Apple's ( AAPL ) top iPhone assembler was T$57.67 billion ($1.89 billion), versus an LSEG consensus estimate of T$50.4 billion.

($1 = 30.5930 Taiwan dollars)

(Reporting by Wen-Yee Lee and Ben Blanchard; Editing by Muralikumar Anantharaman)