Nvidia's biggest server maker printed $95 billion; its US ticker traded $71,000
Hon Hai's September quarter rose 47% to NT$3.03 trillion and lifted Nvidia to a record close. Its New York GDR answered with an 8.2% gap down on 4,490 shares, about $71,000 of turnover, while Taipei moved 1.2%.
Vincent Jiang · 3 min read
The 8% toll on a record week
Hon Hai's US OTC line opened Wednesday at $15.97 against a $17.4050 close, an 8.2% hole, and slipped to $15.80 1. Volume: 4,490 shares, about $71,000 of stock changing hands 1. The company behind the ticker had just reported its first NT$1 trillion month 37.
The quarter that lifted Nvidia
On October 5, Foxconn posted July-to-September revenue of NT$3.03 trillion, about $95.4 billion, up 47% year over year and above the NT$2.83 trillion LSEG SmartEstimate 2. September alone brought NT$1.159 trillion, up 38%, the first month ever past NT$1 trillion 37. Nvidia−2.80% — Nvidia, down 2.80 percent today closed that day at a record $238.90, a $5.6 trillion market value 4.
Taipei shrugged, New York gapped
The same news produced three different prints. In Taipei, Hon Hai finished release day up 1.20% at NT$254 3. Two days later its New York receipt gapped down 8.2% 1. A gap that size is not a verdict on the quarter. No report that week names a seller or a reason for the hole; at 4,490 shares, the likelier culprit is the instrument itself, a book thin enough that one session's orders set the price.
Same quarter, three prints: only the thin US line gapped
Data
| Value | |
|---|---|
| Nvidia close, Oct 5 | 2.1% |
| Hon Hai Taipei close, Oct 5 | 1.2% |
| HNHPF open, Oct 7 | -8.2% |
A $23 target over a $71,000 market
The tape sits under its 50-day average of $15.94, barely above the 200-day at $15.39, and 31% below the $23.00 consensus target 1. A single analyst covers the name; Barclays has carried an overweight at $23 since August 20 1. Whoever sold into the gap paid the 8.2%, and whoever made the spread on the far side of it was paid for quoting the other side. At this volume there is no clearing price between $15.80 and $23: the discount is real on paper and unreachable by market order.
The $23 target hangs 31% over a price set by 4,490 shares
- Estimate
Data
| Value | |
|---|---|
| 200-day average | $15.39 |
| Last trade, Oct 7 | $15.8 |
| 50-day average | $15.94 |
| Open, Oct 7 | $15.97 |
| Prior close, Oct 6 | $17.4050 |
| Consensus target (estimate) | $23 |
The demand is real; the ticket is the defect
Nothing here disputes the boom. With its August numbers Hon Hai said third-quarter performance should exceed market expectations, a company-claimed guide that landed 5. After the print it committed only to AI business expanding through year-end, no numbers 4. Lisa Su is lifting AMD's−4.24% — AMD, down 4.24 percent today supply-chain spend past the $10 billion announced in May 1, and TSMC−2.78% — TSMC, down 2.78 percent today, upstream of everyone, just grew quarterly revenue 51% 6. The feed compresses it to a slogan, "Nvidia's biggest server maker just had one of its biggest quarter" 7, a phrase the wire copy already owns 2.
Where the price actually lives
Hon Hai files unaudited monthly revenue dated the 5th 8; the November release will show whether September's NT$1.159 trillion was a plateau or a step 3. The two markets disagree by design. Taipei sets the real price; New York sets a print on 4,490 shares. The US line is a rumor with a ticker.
More about NVIDIA
NVDA · Fiscal Q2 2027Revenue rose 106% to $96.2B, 92.5% of it from Data Center, “driven by the ramp of our Blackwell Ultra infrastructure”. Gains on equity stakes of $7.8B lifted net income to $59.7B.
Show as a table
| Line | Value |
|---|---|
| Revenue | $96.2B |
| Gross margin | 75.0% |
| Operating margin | 66.2% |
| Net income | $59.7B |
| Hyperscale | $48.7B |
| AI clouds & enterprise | $40.3B |
| Data Center | $89.0B |
| Edge Computing | $7.2B |
| Gross profit | $72.1B |
| Cost of revenue | $24.1B |
| Other income | $7.8B |
| Operating income | $63.7B |
| Operating expenses | $8.4B |
| Tax | $11.8B |
| R&D | $7.1B |
| SG&A | $1.4B |
Deepdive
AI-generated from this story and its cited sources. Not investment advice.
