Nvidia partner Hon Hai’s sales climb 52% as Europe lines up its own orders

Hon Hai posted August revenue of NT$921.8 billion ($29.1 billion), a 52% year-on-year increase driven by AI server demand, far exceeding analysts’ expectations. The company signed a EUR 120 million manufacturing partnership with French state-owned Bull, dividing component testing in Pardubice, Czechia, and final assembly in Angers, France, to support Europe’s sovereign AI infrastructure.