Hon Hai Beats Sales Estimates as AI Server Demand Lifts Quarterly Revenue
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Hon Hai Precision Industry, the Nvidia server partner also known as Foxconn, reported stronger-than-expected quarterly revenue, adding another manufacturing-side signal that global AI infrastructure spending remains elevated. The company reported about NT$3.03 trillion in third-quarter revenue, up 47.1% from a year earlier, after September sales reached about NT$1.16 trillion, up 38.4% year over year, according to reported quarterly revenue.
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