Institutions maintain a "Buy" rating for Hon Hai, projecting its EPS to reach 17.92 yuan in 2026 and 23.36 yuan in 2027, with a target price of 350 yuan. This optimism stems from Hon Hai's role as a core supplier of NVIDIA AI GPU servers and its planned entry into the CSP AI ASIC server supply chain next year.
Hon Hai's diversification into CSP AI ASIC servers next year reduces its reliance on NVIDIA, broadening its AI compute supply chain exposure.