Foxconn parent Hon Hai posted its best-ever August sales as AI server demand keeps booming — good news for AI hardware suppliers and Taiwan's tech sector.

• Hon Hai's August sales jumped 52% from a year earlier, its second-biggest month ever.
• The cloud and networking business led the gains as AI spending keeps accelerating.
• Its consumer electronics arm also grew as customers restocked ahead of new product launches.
• Sales for the first eight months are up 40% from last year.
• Apple lens supplier Largan had a weaker month, with sales down 16% from a year ago.

Outlook: Hon Hai expects the growth to continue through the third quarter, the industry's traditional busy season.