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iPhone maker Foxconn joins $1 trillion AI data center market with new alliance
Hon Hai PrecisionHon Hai Precision(US:HNHPF) CNBCยท2025-07-30 13:08

The two companies are now teaming up to bring their expertise together to effectively create a one-stop-shop for anyone looking to set up an AI data center. Foxconn on Wednesday said it is taking a stake in TECO Electric & Machinery Co., as it looks to supercharge its efforts to become a key player in building artificial intelligence data centers. "The strategic partnership extends the two companies' cooperation in the fields of low-carbon smart factories and energy services, toward being a one-stop solutio ...