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Nvidia Supplier Hon Hai Sales Beat As Continued AI Demand Offsets Consumer Electronics Decline
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.
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cryptobriefing.com
Hon Hai reports stronger-than-expected quarterly sales amid AI demand
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
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thenextweb.com
Hon Hai sales jump 40% on AI server demand
Foxconn parent Hon Hai beat expectations with a 40% quarterly sales surge as Nvidia AI rack demand builds, and says momentum will continue.
