Asia
Nvidia Partners Hon Hai, Quanta See Strong AI Demand Into 2025
- Both beat quarterly profit estimates thanks to AI servers
- Hon Hai cloud products to match mobile phone sales in 2025
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Nvidia Corp.’s Taiwan hardware partners Hon Hai Precision Industry Co. and Quanta Computer Inc. are forecasting a boom in AI server demand to continue into next year.
Key iPhone assembler Hon Hai, also know as Foxconn, and MacBook assembler Quanta reported earnings ahead of expectations on Thursday, thanks to a global rollout in AI-supporting data centers.