Nvidia Partners Hon Hai, Quanta See Strong AI Demand Into 2025

Nvidia Corp.’s Taiwan hardware partners Hon Hai Precision Industry Co. and Quanta Computer Inc. are forecasting a boom in AI server demand to continue into next year.

Key iPhone assembler Hon Hai, also know as Foxconn, and MacBook assembler Quanta reported earnings ahead of expectations on Thursday, thanks to a global rollout in AI-supporting data centers.

Hon Hai and Quanta, two of the world’s biggest assemblers of servers that house Nvidia’s AI accelerators, sought to tamp down concerns that data center spending may soon decelerate. Dutch chip tool maker ASML Holding NV echoed the bullish sentiment, reaffirmingits long-term revenue ...