Nvidia Supplier Hon Hai’s Sales Beat Expectations Amid Continued AI Demand Hon Hai Precision Industry Co.
, better known as Foxconn, reported a 40% jump in quarterly sales, driven largely by demand for artificial intelligence related products. The Taiwanese conglomerate's revenue grew to NT$2.
51 trillion ($79 billion) in the three months to June, beating analyst estimates of NT$2. 37 trillion.