Taiwan’s Hon Hai Precision Industry Co, the world’s largest contract electronics manufacturer, posted a 34% jump in revenue for the April-May period, highlighting the continued strength of demand for artificial intelligence (AI) servers powered by Nvidia chips.
Revenue reached NT$1.69 trillion (US$53.6 billion) over the two months, based on Bloomberg calculations from the company’s monthly sales data. May alone saw revenue climb 40% year-on-year, reinforcing expectations of another strong quarter for the technology giant.
The performance reflects accelerating global investment in AI infrastructure, with major technology companies including Alphabet Inc, Amazon.com Inc, Meta Platforms Inc and Microsoft Corp collectively expected to spend hundreds of billions of dollars on AI-related projects this year.
Hon Hai, better known globally as Foxconn, is a key assembler of AI servers that house accelerators from Nvidia Corp, positioning the company at the centre of the rapidly expanding AI data centre market.
Analysts are forecasting revenue growth of around 32% for the June quarter, while Hon Hai has already signalled expectations for substantial business expansion in 2026 as AI adoption continues to gain momentum.
The company, which also assembles iPhones and MacBooks for Apple Inc, has undergone a notable shift in its revenue mix. Over the past year, its server business has overtaken smartphones as its largest revenue contributor, reflecting the scale of global investment flowing into AI infrastructure.
The latest results underscore how demand for AI computing power continues to reshape the technology supply chain, with server manufacturers emerging as some of the biggest beneficiaries of the AI boom.
