Nvidia-Partner Hon Hai's Shares Climb After AI Spurs Sales Beat

By Yahoo! Finance   |   2 months ago
Nvidia-Partner Hon Hai's Shares Climb After AI Spurs Sales Beat

Hon Hai Precision Industry Co. exceeds revenue expectations with a 15% growth driven by AI infrastructure demand. Taiwan's Foxconn forecasts significant Q1 sales growth, benefitting from AI hardware demand. The company aims to diversify from Apple and expand into the electric vehicle market.

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