Hon Hai Precision Industry's revenue surged 21.6% in the first two months of 2026, reaching NT$1.33 trillion ($41.9 billion), reflecting strong demand for Nvidia Corp. servers crucial to the global AI buildout. Analysts project a 28% rise for the first three months of 2026. While February monthly growth was just 8% due to Lunar New Year timing, shipments of AI racks continued to increase.

The company, known as Foxconn, positions itself as a key AI hardware assembler, building servers housing Nvidia accelerators. Demand is soaring as Alphabet, Amazon, Meta, and Microsoft earmark over $650 billion in AI spending this year, despite warnings of potential overcapacity and monetization challenges. —With assistance from Cindy Wang.