Nvidia Partner Hon Hai’s Sales Soar in Sign AI Demand Persists

A humanoid robot on display during Hon Hai Tech Day conference in Taipei.

Photographer: An Rong Xu/Bloomberg

Hon Hai Precision Industry Co.’s revenue rose 26% in November, suggesting demand for Nvidia Corp. servers remains strong during an AI development boom.

The company known also as Foxconn reportedBloomberg Terminal revenue of NT$844.3 billion ($27 billion), accelerating from the previous month as well as the September quarter. It’s projected to report a 14% rise in sales for the three months ending December.