(Feb 5): Hon Hai Precision Industry Co’s revenue rose 35.5% in January, suggesting demand for Nvidia Corp servers remains resilient during a global wave of artificial intelligence (AI) development.
The company also known as Foxconn reported revenue of NT$730 billion (US$23 billion or $29.34 billion) last month. The year-ago comparison, however, may have been affected by the Lunar New Year holidays, which in 2025 fell in January. It is projected to report a 28% rise in sales for the three months ending March.
Hon Hai, which makes the servers that house chips in data centres, is one of the key players of an AI hardware industry centred on Nvidia. It has benefited as US firms from Meta Platforms Inc to Amazon.com Inc deploy billions of dollars on the gear needed to train and operate AI, despite warnings of overcapacity given lingering uncertainty over how to monetise the technology.
Uploaded by Tham Yek Lee
