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Nvidia Partner Hon Hai Meets Sales Estimates on Strong AI Demand

Hon Hai Precision Industry Co. reported 15.8% growth in quarterly sales on robust demand for AI servers and iPhones. Revenue totaled NT$1.8 trillion ($62 billion) in the three months to June, largely in line with analysts’ expectations, results showed Saturday. Hon Hai expects third-quarter sales to grow sequentially and year-on-year....

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