Hon Hai (2317 TT) expects FY performance to eclipse previous guidance. Expects that positive trend will continue into the following FY

Newsquawk Staff · 12 Nov 2026, 07:41 UTC

Anticipates that AI server rack shipments in Q4 will increase Q/Q by a high double-digit figure.
Expects to add NeoCloud customers during 2027.
Revenue share from cloud and networking products to surpass 60% in three-five years.
Caution around the outlook for computer products into 2027, given the tight memory situation.
Customer orders in the AI space remain very strong. Demand continues to increase.

What our morning note said

Stocks · US Market Open, 11 Nov, 10:57 UTC

European bourses are broadly firmer; NQ outperforms, with renewed optimism in the tech sector following strong CoreWeave results.

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