Business & Finance
Nvidia Partner Hon Hai’s Sales Rise 46% Thanks to AI Demand
Key Points
Nvidia Partner Hon Hai’s Sales Rise 46% Thanks to AI Demand Takeaways by Bloomberg AI Hon Hai Precision Industry Co. reported a 46% jump in October sales, reflecting resilient demand for the Nvidia Corp. servers central to a global AI infrastructure build-out. Revenue rose to NT$1.31 trillion ($39.7 billion) last month, Hon Hai said in a statement. Analysts on average were looking for about a 30% increase in sales over the three months ending December.
Nvidia Partner Hon Hai’s Sales Rise 46% Thanks to AI Demand
Takeaways by Bloomberg AI
Hon Hai Precision Industry Co. reported a 46% jump in October sales, reflecting resilient demand for the Nvidia Corp. servers central to a global AI infrastructure build-out.
Revenue rose to NT$1.31 trillion ($39.7 billion) last month, Hon Hai said in a statement. Analysts on average were looking for about a 30% increase in sales over the three months ending December.