Nvidia Supplier Foxconn Goes All-In On AI With $1.37 Billion Supercomputing Investment - Apple (NASDAQ:AAPL), Hon Hai Precision (OTC:HNHAF)

Investment Announcement - Foxconn Technology Group has announced a significant investment of up to NT$42 billion (approximately $1.37 billion) to build an AI compute cluster and a supercomputing center [2] - The investment will be entirely self-funded and is scheduled to take place between December 2025 and December 2026 [2] Strategic Focus - The investment aims to enhance Foxconn's cloud computing platform and accelerate the development of its three smart platforms [3] - Earlier in the year, Foxconn introduced its in-house large language model, FoxBrain, which utilizes Nvidia technology and was trained in just four weeks [3] Financial Performance - Foxconn's profit surged by 27% to $1.47 billion in the second quarter of 2025, driven by high demand for AI servers and ongoing iPhone production for Apple Inc. [4] - The company's second-quarter revenue increased by 16% year-over-year, reaching TWD 1.79 trillion (approximately $59.6 billion) [4]