Hon Hai Precision Industry Co Ltd

2317: XTAI (TWN)
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Hon Hai Earnings: AI Server Growth Accelerating; Fair Value Estimate Up 14% to TWD 280

Hon Hai's second-quarter results showed continued strong growth from artificial intelligence servers, with revenue up 41% and operating profit up 68%. Increased working capital requirements for the first half resulted in an operating cash outflow of TWD 69 billion.

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