Hon Hai reported a 54.2% increase in monthly sales, indicating that global demand for artificial intelligence AI infrastructure construction continues to be strong. Hon Hai said in a statement on Wednesday that July revenue climbed to NT$946.5 billion. Analysts on average expect sales to increase by 31.2% in the three months ending September. Hon Hai expects overall operations to grow month-on-month and year-over-year in the third quarter. As Nvidia's server assembly partner, Hon Hai said it is expected that shipments of artificial intelligence racks will continue to grow this quarter, and demand for ICT products is entering a peak season. Hon Hai's revenue growth from April to June exceeded expectations, reaching 40%, and established its position as a key supplier of AI hardware by assembling servers equipped with Nvidia accelerators.

Hon Hai reported a 54.2% increase in monthly sales, indicating that global demand for artificial intelligence AI infrastructure construction continues to be strong. Hon Hai said in a statement on Wednesday that July revenue climbed to NT$946.5 billion. Analysts on average expect sales to increase by 31.2% in the three months ending September. Hon Hai expects overall operations to grow month-on-month and year-over-year in the third quarter. As Nvidia's server assembly partner, Hon Hai said it is expected that shipments of artificial intelligence racks will continue to grow this quarter, and demand for ICT products is entering a peak season. Hon Hai's revenue growth from April to June exceeded expectations, reaching 40%, and established its position as a key supplier of AI hardware by assembling servers equipped with Nvidia accelerators.