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Hon Hai Sales Rise 29.7% as AI Demand Holds Amid Geopolitical Risks [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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still leaning into the AI buildout, though the backdrop is starting to shift. The company reported a 29.7% increase in quarterly sales to NT$2.13 trillion ($66.5 billion) for the three months ending in March, slightly below the NT$2.14 trillion analysts were expecting. The result suggests AI-driven demand remains intact even as the early stages of the Middle East conflict begin to pressure shipping routes and energy markets, introducing a layer of uncertainty into an otherwise strong demand cycle. Warning! GuruFocus has detected 4 Warning Signs with EVTL. Is HNHAF fairly valued? Test your thesis with our free DCF calculator. The underlying engine here continues to be AI infrastructure. Hon Hai has positioned itself as a central player in assembling servers powered by Nvidia ( NASDAQ:NVDA ) accelerators, supplying systems to hyperscalers such as Alphabet ( NASDAQ:GOOG ), Amazon ( NASDAQ:AMZN ), Meta Platforms ( NASDAQ:META ), and Microsoft ( NASDAQ:MSFT ), which are collectively
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