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....
Read more at bloomberg.com