Nvidia partner Hon Hai Precision Industry (Foxconn) announced a 46% year-over-year sales increase for October. Sales reached a record NT$1.31 trillion ($39.7 billion). Foxconn, the world's largest AI server manufacturer, attributed this growth to sustained, strong demand for AI servers powered by Nvidia's technology.
The sales surge indicates continued global investment in AI infrastructure. Foxconn expects this AI-driven momentum to fuel its growth through the fourth quarter. This report provides further evidence of robust demand for Nvidia's hardware, even as the wider technology market faces headwinds.