Hon Hai Precision Industry has just posted its highest ever monthly revenue
...

... driven by continued strength in artificial intelligence server demand.

The company says consolidated revenue for July reached more than $946.5
billion NT - up over 15 percent from June and over 54 percent from a year
earlier.

It's also the first time in company history that monthly sales have exceeded
900 billion NT.

Hon Hai says the strong performance was led by higher demand and shipments of
server products.

The company expects business to continue improving in the third quarter,
citing continued growth in AI server racks and the seasonal peak for
information and communications technology products, while noting that global
political and economic uncertainties remain a risk.

For the first seven months of the year, cumulative revenue totaled NT$5.59
trillion - up nearly 38 percent from the same period last year and also a
record high.

(IG)