NEW TAIPEI, Taiwan, March 6 (Reuters) - Everyone will

feel the impact on prices of oil and raw materials if the U.S.

and Israeli conflict with Iran drags on, the chairman of Foxconn

, the world's largest electronics maker and Nvidia's ( NVDA )

key AI server maker, said on Friday.

The escalating conflict in the Middle East has rattled

global markets and fuelled concern over risks to supply chains.

Speaking to reporters at Foxconn's headquarters in Taiwan's

city of New Taipei, Young Liu said the fallout for his company

was currently limited, however, and he expected 2026 to be a

very good year for it.

Foxconn has reported record revenues, driven by strong

demand for artificial intelligence products, although prolonged

conflict in Iran has boosted concern over pricier energy.

U.S. tech giants such as Microsoft ( MSFT ) and Nvidia ( NVDA )

have been positioning the United Arab Emirates as a

regional hub for artificial intelligence computing needed to

power services such as ChatGPT.

Iran has launched a wave of missiles at Middle East targets

in retaliation for U.S. and Israeli strikes that killed Supreme

Leader Ayatollah Ali Khamenei on Saturday.