Nvidia Partner Hon Hai’s Sales Jump 24% on AI Demand

The Hon Hai Precision Industry Co. headquarters in New Taipei City.
Photographer: Ashely Pon/Bloomberg

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By Jane Lanhee Lee

April 5, 2025 at 7:22 AM UTC

Corrected

April 5, 2025 at 1:03 PM UTC

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Hon Hai Precision Industry Co.’s first-quarter sales rose at their fastest clip since 2022 on resilient data center demand, a bright sign for the artificial intelligence sector amid tariff-induced fears.

The Taiwanese supplier of Nvidia Corp.’s AI servers and Apple Inc.’s iPhones is riding a wave of demand for servers to power AI computing by the likes of Alphabet Inc. and Amazon.com Inc.