Nvidia AI Server-Maker Hon Hai Signals Stronger Revenue Outlook
- January monthly sales slow but the firm foresees strong growth
- Hon Hai is a bellwether for global AI spending demand
An Nvidia Cop. GB200 NVL72 GPU server rack for AI during the Hon Hai Precision Industry Co. Tech Day conference.
Photographer: Annabelle Chih/BloombergThis article is for subscribers only.
Hon Hai Precision Industry Co., the main supplier of Nvidia Corp. AI servers, posted a 3% rise in January sales and strengthened its first-quarter outlook.
Hon Hai, also the world’s largest assembler of Apple Inc. iPhones, reported revenue of NT$538.7 billion ($16.4 billion) last month. The comparison with 2024 was skewed by the fact that the week-long Lunar New Year break fell this year in January, versus February 2024.