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Nvidia partner Hon Hai’s sales jump 24% on AI demand

Jane Lanhee Lee / Bloomberg
Jane Lanhee Lee / Bloomberg • 3 min read
Nvidia partner Hon Hai’s sales jump 24% on AI demand
The Hon Hai Precision Industry Co. headquarters in New Taipei City. Photo: Bloomberg
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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.

Hon Hai’s revenue surged 24.2% for the first three months of 2025 to NT$1.64 trillion (US$49.8 billion or $66.83 billion), in line with analyst estimates. The contract manufacturer said Saturday it expects its cloud and networking products segment to maintain growth momentum in the second quarter.

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