Asia

Nvidia Partner Hon Hai Sees AI Growth in 2026 After Profit Miss

An employee assembles and inspects mobile phone parts at a Rising Stars Mobile India factory, a unit of Foxconn Technology in Sri City, India.Photographer: Karen Dias/Bloomberg

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By Debby Wu

March 16, 2026 at 6:35 AM UTC

Updated on

March 16, 2026 at 9:23 AM UTC

Hon Hai Precision Industry Co. is projecting strong sales growth in 2026 after posting disappointing quarterly earnings, seeking to dispel concerns about demand for the Nvidia Corp.-powered servers that underpin AI data centers.

The Nvidia partner’s AI server business will see strong growth in 2026, Hon Hai Chairman Young Liu said on a post-earnings call with analysts on Monday, adding that war in the Middle East has created uncertainty around the business environment. The company has said previously that it expects its first quarter to meet market consensus.