IPhone Maker Hon Hai Sets Record High as AI Mania Persists
(Bloomberg) — Shares of Hon Hai Precision Industry Co. soared to a record as a frenzy over artificial intelligence outweighs concerns about a sluggish recovery in the smartphone sector. Most Read from Bloomberg The Taiwanese maker of Apple Inc.’s iPhones rose as much as 5.1% to NT$156 on Thursday. Shares took off this month as …