Hon. Precision, Inc.7769
▲ PositiveDemandrelevance
Hon Precision reported stronger-than-expected Q2 sales citing solid AI server demand.
Impact on stocks 1
Semiconductors
Hon. Precision, Inc.Asian stocks ended mixed on Monday as investors awaited the corporate earnings season amid concerns over high valuations in AI-linked companies. China's Shanghai Composite index finished marginally lower at 4,041.24, while Hong Kong's Hang Seng index jumped 1.14 percent to 23,616.32. Japanese markets were mixed, with the Nikkei average marginally lower at 69,737.69 and the broader Topix index surging 0.92 percent to 4,101.96, extending gains for a sixth straight session. Seoul's Kospi index dropped 0.46 percent to 8,051.33 amid heavy foreign and institutional selling, while Australia's S&P/ASX 200 slipped 0.15 percent to 8,831. U.S. equity futures ticked higher after Nvidia server assembly partner Hon Precision Industry reported stronger-than-expected second-quarter sales, citing solid AI server demand.
Hon. Precision, Inc.Hon Precision reported stronger-than-expected Q2 sales citing solid AI server demand.