Nvidia Server-Maker Hon Hai’s Sales Rise 11% as Demand Persists

Hon Hai, also known as Foxconn, reported revenue of NT$895.7 billion ($29 billion) last month.

Photographer: Annabelle Chih/Bloomberg

Nvidia Corp. server-maker Hon Hai Precision Industry Co. posted an 11.3% gain in October revenue, sustaining its pace of growth as demand for AI accelerators remains robust.

The company known also as Foxconn reportedBloomberg Terminal revenue of NT$895.7 billion ($29 billion) last month, expanding at about the same clip as in the September quarter. It’s projected to report a 15% rise in sales for the three months ending December.