2317
📈 Hon Hai Precision, also known as Foxconn, reported a 25% increase in revenue, driven by growing demand for AI computing.
🚀 The company’s acceleration reflects strong performance in the AI server market.
🤝 As a key supplier to Nvidia and Apple, Hon Hai benefits from the rapid expansion in AI and related technologies.
💰 January and February sales exceeded $33.5 billion, indicating robust growth and market leadership.
@bernardodegarcia:
“Hon Hai Precision, rising 3.2%, recorded a 25% increase in revenue during the first two months of 2025, accelerating from last year, reflecting the growing demand for computing with artificial intelligence. This is a little bit where we wanted to get to. What has happened these days with Nvidia? Has it been scarred? What has happened these days with the energy stocks that were related to the EA? They have been scarred. Why? Because the market is a psychopath. And what has happened? Well, there are people who are afraid and are selling. That’s correct. Well, whoever has a butt is afraid. I’m telling you, everyone can have a butt, but when we take a company, we invest in it, and we read and we read about it, and we read the calls, and we read what is happening, and above all, we do not stop with the noise of the Bongo Bongo that we have of all these that we have. Oh, is that the market now is that the rates now relax? What is going to happen in 2 years? What is going to happen in 4 years? Where is artificial intelligence going to be? Where is the spending, the consumption? Ah, it doesn’t make much sense that Nvidia is down here. It doesn’t make much sense that Nvidia is trading the same at a according to Weble 25 Forward per and that Apple is trading a 32, at least that is my opinion. But well, I already told you, Mr. Market is a bipolar gentleman, and as we said, Hon High has grown 25% compared to last year. This is the main supplier of AI servers from Nvidia and also, well, of iPhones from Apple. It is known as Fox Kong and is based in Shenzhen. It was reporting sales of more than 33.5 billion dollars for January and February. It is an acceleration with respect to the growth rate of 11 that it registered in 2024. The average analysts projected an increase in revenue of 22 for the first quarter, and this acceleration follows Nvidia’s disclosure last week of, as we said, 11 billion dollars in quarterly revenue from its most advanced Blackwell chip, which called the fastest product ramp in the company’s history. Those results helped alleviate concerns, obviously, as we are seeing about the delays of eii servers based on Blackwell and perhaps is also letting semiconductor shares breathe a little, shares like Nvidia perhaps also look at Broadcom 1.55. It may also be interesting right now, but I wouldn’t want to be overweight. Ah, only semiconductor semiconductors semiconductors, I don’t know if I explain myself.”
Watch the exact part of the video where Bernardo talks about Hon Hai Precision here:
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