The chairman of Hon Hai says he is "very confident" about the growth momentum brought by artificial intelligence.

As NVIDIA's largest server manufacturer and Apple's largest iPhone assembler, the company reported this month that its first-quarter profit grew by 19% year-on-year, surpassing market expectations, driven by strong global demand for AI products. At the annual shareholder meeting, Liu Yangwei stated that artificial intelligence remains highly sought after, and this year, capital expenditure by major cloud service providers has exceeded $700 billion. “Their capital expenditure is our market. This figure has already reached $700 billion and is expected to reach $1 trillion next year. This makes us very confident about future growth momentum,” he said.