Hon Hai April Revenue Jumps 29.7% to NT$832.1B on AI Demand

According to Bloomberg, Hon Hai Precision Industry reported on May 5 that April revenue rose 29.7% year-on-year to NT$832.1 billion (US$26.3 billion), driven by strong spending on AI hardware. The Taiwanese electronics manufacturer assembles servers using Nvidia accelerators and expects second quarter sales to increase from both the previous quarter and year-on-year.
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