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Nvidia Partner Hon Hai’s Sales Rise 54% on Strong AI Demand
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Asia Nvidia Partner Hon Hai’s Sales Rise 54% on Strong AI Demand Hon Hai Precision Industry Co. reported a 54.2% increase in monthly sales, signaling sustained demand in global AI infrastructure buildout by customers such as Nvidia Corp. Revenue for July climbed to NT$946.5 billion ($29.3 billion), Hon Hai said Wednesday in a statement. Analysts on average are looking for a 31.2% increase in sales for the three-month period ending in September.
Asia
Nvidia Partner Hon Hai’s Sales Rise 54% on Strong AI Demand
Hon Hai Precision Industry Co. reported a 54.2% increase in monthly sales, signaling sustained demand in global AI infrastructure buildout by customers such as Nvidia Corp.
Revenue for July climbed to NT$946.5 billion ($29.3 billion), Hon Hai said Wednesday in a statement. Analysts on average are looking for a 31.2% increase in sales for the three-month period ending in September.