HON HAI PRECISION INDUSTRY

14 Aug

Hon Hai Shipments of Next-Gen Nvidia Chips to Be Limited in 2024

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Hon Hai Precision Industry Co. will only start shipping a small volume of servers containing Nvidia Corp.’s next-generation chips in the fourth quarter, signaling the challenges the US AI accelerator designer faces in speeding up its innovation.Hon Hai’s shipments of servers containing GB200, or a Grace processor bundled with an upcoming Blackwell graphic processing unit, will grow significantly only in the first quarter of 2025, company spokesman James Wu told analysts in a conference call on Wednesday. The Taiwanese manufacturer will be one of the first server makers to ship gear containing GB200 chips, Wu added. Source link lol

14 Aug

IPhone Maker Hon Hai Beats Profit Estimates Thanks to AI Boom

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Apple Inc.’s main manufacturing partner Hon Hai Precision Industry Co. said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted by demand for servers powering AI applications.The iPhone producer, also known as Foxconn, said on Wednesday that net income in the June quarter was NT$35 billion ($1.1 billion), largely in line with analyst expectations. Hon Hai’s revenue for the period, released earlier, surpassed estimates and came in at NT$1.55 trillion, up 19%. This was helped in large part by its growing business of supplying data center operators with…