Reported about 15 hours ago
Hon Hai Precision Industry Co., the primary supplier of Nvidia's AI servers, reported a 3% increase in January sales and has optimistic forecasts for the first quarter. The company's revenue reached NT$538.7 billion ($16.4 billion), benefiting from the timing of the Lunar New Year. Despite facing uncertainty from tariffs and evolving market dynamics, Hon Hai anticipates substantial growth in its AI server segment, outpacing previous projections, while continuing to dominate iPhone assembly despite increasing competition.
Source: YAHOO