Hon Hai Shares Surge on Bullish AI Server Outlook
• Hon Hai Precision Industry shares hit record high amid investor optimism over AI server demand • Company seen benefitting from growing market for AI servers and shipments • Hon Hai revenue exposure to AI expected to reach 18% by 2025 • Rally may be overdone as stock is most overbought in Taiwan benchmark • Analysts positive on outlook, citing AI server and electric vehicle ramp-up as growth drivers