Nvidia’s server assembly partner Hon Hai Precision Industry reported a bigger-than-expected 40% jump in quarterly sales and said AI demand is growing further.

Foxconn posted Q1 2026 revenue of NT$2.12 trillion, up 29% YoY, as AI servers surpassed smartphones to become its largest revenue segment for the first

Revenue for Nvidia's biggest server maker and Apple's top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn said in a statement…

Revenue jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter

Foxconn parent Hon Hai beat expectations with a 40% quarterly sales surge as Nvidia AI rack demand builds, and says momentum will continue.

Foxconn said it expects its overall operations to grow on a quarterly and annual basis after reporting a 40% year-on-year rise in Q2 revenue.

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Hon Hai, also known as Foxconn, has established itself as a key AI hardware player by assembling servers that house Nvidia accelerators.

Nvidia’s server assembly partner Hon Hai Precision Industry reported a bigger-than-expected 40% jump in quarterly sales and said AI demand is growing further.

Foxconn reported a better-than-expected 39.8% year-on-year jump in second-quarter revenue, driven by strong demand for AI servers and cloud networking products. The world's…