NVIDIA Partner Hon Hai Precision Q2 Net Profit Beats Expectations with 35% Growth, Far Exceeding Forecasts

According to Bloomberg, Hon Hai Precision Industry Co., Ltd. (Hon Hai Precision Industry) announced second-quarter results ended June, with net profit increasing 35% year-on-year to NT$60 billion (approximately US$1.9 billion), exceeding analysts' average expectation of NT$58.4 billion; quarterly revenue had previously recorded a 40% increase. July single-month revenue surged 54.2% year-on-year to NT$946.5 billion, far exceeding analysts' average expectation of a 32% increase for the quarter. The company's strong performance reflects sustained robust global demand for AI hardware.