Hon Hai stock: Record October sales reinforce AI growth outlook
Published on 11/05/2026 at 15:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecord Sales Raise AI Expectations
- Foxconn reported record October revenue, extending a strong run in AI-linked demand.
- Management expects AI-related business to keep growing in the fourth quarter.
- Supply constraints and a consignment-model change weighed on cloud and networking sales in October.
Hon Hai Precision Industry, better known as Foxconn, reported record consolidated revenue for October on Thursday, November 5, according to Focus Taiwan. The update strengthens the case for continued AI-related growth ahead of the company's third-quarter results.
Revenue reached NT$1.3 trillion, up 45.73 percent from a year earlier and 12.66 percent from September. The result marked the second consecutive month above NT$1 trillion, while revenue for the first ten months of 2026 rose 40.40 percent year over year to a record NT$8.98 trillion.
AI Demand Leads Into Fourth Quarter
Foxconn said smart consumer electronics posted the strongest monthly growth, supported by early shipments and higher selling prices. Computing products also benefited from early shipments of new products, while components and other products gained from higher deliveries of key components.
Cloud and networking revenue slipped slightly from September despite continued demand for AI applications. Foxconn attributed the decline to changes in its consignment model, supply constraints and the initial ramp-up of new models. Compared with October 2025, however, all four major product groups recorded strong growth.
Management expects the AI-related business to continue growing in the fourth quarter, helped by the traditional peak season for the information and communications technology industry. The company expects overall performance to be in line with market expectations but warned that political and economic volatility remains a factor.
Hon Hai stock traded at EUR 12.55 on Lang & Schwarz at 15:17 CET on Thursday, November 5. That was 11.62 percent below the EUR 14.20 quote in the own report dated October 28, a separate comparison from any Xetra session move. See the real-time quote of Hon Hai stock for the latest trading indication.
Hon Hai Precision Industry
- Company: Hon Hai Precision Industry, Foxconn
- ISIN: US4380908057
- Quote: EUR 12.55 on Lang & Schwarz, November 5, 2026, 15:17 CET
- October revenue: NT$1.3 trillion, up 45.73 percent year over year
- First ten months: NT$8.98 trillion, up 40.40 percent year over year
US equities remain focused on the balance between AI investment and macroeconomic volatility. The S&P 500 provides the broader market backdrop for US-listed shares.
