The shares of the iPhone "Hun Hai" reach a record level thanks to artificial intelligence

The market value of the Hon Hai Precision industry jumped to a record level, as the mania of artificial intelligence fared better over the slow recovery in the smartphone sector. The prices of the shares of the Taiwanese manufacturer for the iPhone phones produced by Apple, by 5.1%, rose to $ 156 on Thursday. The shares recorded this month after the strong quarterly profits increased optimism about the demand for the artificial intelligence servers of the business. The mania of artificial intelligence has made big profits in shares of companies such as “Nvidia”, as investors see a large growth potential in this sector. It is expected that the revenue of the artificial intelligence servers will account for 18% of its total income during 2025 the large part of the “Invidia” shipments, according to the “JP Morgan Chase & Co” analysts, including Gokol Harharan, in a note issued yesterday. It is likely that the acquisition of artificial intelligence will remain on part of the total revenue of “Hun Hai” in the region of 10% to 12% this year, compared to about 20% for its competitors such as Wiwynn, “Quanta Computer”, and “Wistron”, according to a memorandum passed by “J.” Issued B Morgan “was published at the beginning of this March. Nevertheless, the increase has become exaggerated, as” Hun Hai “shares are now one of the most purchased shares on the Taiwanese standard index regarding the relative strength for 14 days, according to the data collected by ‘Bloomberg’. “, Morgan Stanley and City Group have increased their price goals for this month. Improving the productivity of artificial intelligence servers and electric cars is a major motivation for Hun Hai in 2024, adding that the company’s evaluation is still attractive because of the growth of strong profits expected in the future. Goldman raised the target price for Hun Hai’s shares to $ 172, which is the highest target.