This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: CC0 Public Domain Taiwanese tech giant Foxconn reported on Friday a lower-than-expected net profit for 2024 as consumer electronic gadgets underperformed, although demand for its artificial intelligence servers remained robust. The world's largest contract electronics manufacturer has been moving beyond assembling devi ...

Foxconn Technology Co., Ltd. ( OTCPK:FXCOF ) and (2354:Taiwan) sprang to life in 1990 as a sort of side project of Hon Hai ( OTCPK:HNHAF ), dedicating itself to the world of mechanical parts and casings, those crucialThe mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offering the Seeking Alpha investor c ...

Foxconn, Hon Hai Precision Industry (OTCPK: HNHPF ) (OTCPK: HNHAF ) in Taiwan, struggled quite a bit in the recent past, saddled with challenges, from pandemic-induced disruptions to issues with investee companies. It may now be over the worst.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving c ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

TAIPEI, Dec. 23, 2024 /PRNewswire/ -- Zettabyte, a global leader in AI data center software and infrastructure solutions, is proud to announce a strategic partnership with Hon Hai Technology Group (Foxconn), the world's largest electronics manufacturer. This collaboration, underpinned by capital funding, aims to drive innovation and expand the adoption of energy-efficient AI solutions worldwide.At the forefront of Zettabyte's offerings is Zware, its advanced AI data center management software. Zware optimiz ...

Core Insights - Foxconn is constructing the largest production facility for Nvidia's GB200 Superchips in Mexico to meet the rising demand from the Nvidia Blackwell platform, which is essential for the AI industry [1][4] - The GB200 chip is a vital component of Nvidia's Blackwell platform, driving the development of advanced AI applications across various sectors, with expected increased demand for highly efficient GB200 chips [3][4] - Foxconn's investment in Nvidia's chip manufacturing aligns with its strategy to expand its presence in the AI ecosystem, leveraging its electronic manufacturing expertise to enhance its products [4] Company Strategy - Foxconn's partnership with Nvidia signifies its commitment to supporting the rapid growth of AI technology, as emphasized by senior executive Benjamin Ting [2] - The construction of the GB200 factory represents a significant milestone for Foxconn, although the company faces challenges such as ongoing chip shortages and geopolitical tensions that could affect supply chains and production timelines [4] Market Context - The demand for the GB200 chip is expected to rise as AI continues to enhance electronic devices and chips, indicating a growing market for advanced AI applications [3] - Foxconn's investment reflects confidence in the long-term prospects of AI and its ability to capitalize on emerging opportunities within the industry [4]

Foxconn's parent company, Hon Hai Precision Industry Chairman Liu Yangwei, revealed that market demand for Nvidia's Blackwell chips has reached "frenzied levels." Foxconn plans to become the first company to massproduce and ship AI critical components, including servers and data centers equipped with these powerful chips. By 2025, the company aims to achieve a production capacity of 20,000 Nvidia NVL72 cabinets. Foxconn announced its project to build the world's largest Nvidia GB200 chip manufacturing facil ...

Foxconn is set to increase its server production capacity to meet unexpected strong demand for Nvidia's cuttingedge AI chips. Company Chairman Liu Young-way highlighted the intense market interest in the next-gen Blackwell chips, aligning with Nvidia CEO Jensen Huang's recent statements. The company is establishing the largest global server assembly plant utilizing Nvidia's advanced Grace Blackwell chips in Mexico. For the first time, Liu disclosed that Foxconn plans to reach a production capacity of 20,000 ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Taiwanese tech giant Foxconn says it is building the world's largest production plant for Nvidia's GB200 'superchips' Taiwanese tech giant Foxconn said on Tuesday it is building the world's largest production plant for US hardware leader Nvidia's GB200 "superchips" that power artificial intelligence servers. Foxconn, also known b ...

Foxconn is constructing the world's largest factory for Nvidia's super chips in Mexico, aiming to address the massive demand for Nvidia's Blackwell platform. A company executive highlighted this major development, emphasizing the strategic collaboration between Foxconn and Nvidia. In August, Nvidia announced that it had begun shipping samples of the Blackwell chips to partners and clients following design adjustments. The company anticipates substantial revenue growth in the fourth quarter due to these chip ...