Hon Hai Q1 net profit exceeds expectations: AI server dividends continued to be released, standing at the core of the NVIDIA industry chain.

According to the Securities Times APP, Hon Hai Precision (Foxconn's parent company), the world's largest electronics contract manufacturer, announced its first quarter financial report for 2026 on May 14th. The data shows that in the first quarter ending in March, the company achieved a net profit of 49.92 billion New Taiwan dollars (approximately 1.6 billion US dollars), a year-on-year increase of 19%, exceeding the analyst's average expectation of 48.4 billion New Taiwan dollars. Quarterly revenue reached 2.12 trillion New Taiwan dollars, slightly lower than the market consensus forecast of 2.15 trillion New Taiwan dollars. Previously announced first-quarter sales increased by approximately 30%, basically meeting expectations.