{"id":286033,"date":"2026-07-05T12:00:00","date_gmt":"2026-07-05T16:00:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/07\/05\/hon-hai-reports-stronger-than-expected-sales-suggesting-sustained-ai-demand\/"},"modified":"2026-07-05T14:05:18","modified_gmt":"2026-07-05T18:05:18","slug":"hon-hai-reports-stronger-than-expected-sales-suggesting-sustained-ai-demand","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/07\/05\/hon-hai-reports-stronger-than-expected-sales-suggesting-sustained-ai-demand\/","title":{"rendered":"Hon Hai reports stronger-than-expected sales, suggesting sustained AI demand"},"content":{"rendered":"<p><a href=\"https:\/\/www.taipeitimes.com\/News\/biz\/archives\/2026\/07\/06\/2003860281\">Hon Hai reports stronger-than-expected sales, suggesting sustained AI demand<\/a><\/p>\n<p><a href=\"https:\/\/www.taipeitimes.com\/News\/biz\/archives\/2026\/07\/06\/2003860281\">https:\/\/www.taipeitimes.com\/News\/biz\/archives\/2026\/07\/06\/2003860281<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-07-05 12:00:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.taipeitimes.com\">www.taipeitimes.com<\/a><\/p>\n<p>Nvidia Corp\u2019s server assembly partner Hon Hai Precision Industry Co (\u9d3b\u6d77\u7cbe\u5bc6) reported a stronger-than-expected increase in quarterly sales, a sign of sustained artificial intelligence (AI) demand.<\/p>\n<p>Revenue grew 52.11 percent year-on-year to NT$821.8 billion (US$25.74 billion) last month, the company said in a statement yesterday. <\/p>\n<p>Last month\u2019s revenue reached the highest June level in the company\u2019s history, but the figure remained 4.38 percent lower than previous month\u2019s NT$859.41 billion, it said.<\/p>\n<p>Photo: Cheng Yu-chen, AFP<\/p>\n<p>Hon Hai\u2019s sales for the June quarter rose 39.83 percent year-on-year to NT$2.51 trillion, the highest ever for the same period and 18.02 percent higher than the previous quarter\u2019s NT$2.13 trillion. Analysts on average had expected NT$2.37 trillion.<\/p>\n<p>The company said the cloud and networking products \u2014 primarily servers \u2014 electronic components, computing products and smart consumer electronics showed strong annual growth in sales during the second quarter.<\/p>\n<p>For this quarter, the company expects revenue to show quarterly and annual increases on the back of robust AI rack shipments and strong seasonal demand for information and communications technology products, its statement said.<\/p>\n<p>Hon Hai, also known as Foxconn Technology Group (\u5bcc\u58eb\u5eb7), has established itself as a key AI hardware player by assembling servers that house Nvidia accelerators. Alphabet Inc, Amazon.com Inc, Meta Platforms Inc and Microsoft Corp are setting aside about US$725 billion for AI spending this year, even as warnings abound about overcapacity and questions about how to monetize the technology persist.<\/p>\n<p>Concerns about a rush to build power-guzzling data centers have also grown since the start of conflict in the Middle East, which&#8230;<\/p>\n<p><a href=\"https:\/\/www.taipeitimes.com\/News\/biz\/archives\/2026\/07\/06\/2003860281\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hon Hai reports stronger-than-expected sales, suggesting sustained AI demand https:\/\/www.taipeitimes.com\/News\/biz\/archives\/2026\/07\/06\/2003860281 Publish Date: 2026-07-05 12:00:00 Source&#8230;<\/p>\n","protected":false},"author":1,"featured_media":286034,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img.taipeitimes.com\/images\/2026\/07\/06\/P09-260706-313.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-286033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/286033"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=286033"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/286033\/revisions"}],"predecessor-version":[{"id":286035,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/286033\/revisions\/286035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/286034"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=286033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=286033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=286033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}