Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.
Taiwan's Foxconn , the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Tuesday reported revenue for October rose 8.59% year-on-year to reach the highest on record for the month at T$804.8 billion ($25.20 billion).
Taiwanese giant Foxconn's subsidiary Shunsin is seeking a permit to invest $80 million in northern Vietnam to produce integrated circuits, according to a document from Vietnam's environment ministry.
Foxconn (FXCOF, Financial), the world's largest electronics manufacturer, has announced that it is building the largest production facility for Nvidia's (NVDA) GB200 Superchips in Mexico. Through this construction, Foxconn can meet the rising demand from the Nvida Blackwell platform, which is crucial for the AI industry.
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 mass-produce and ship AI critical components, including servers and data centers equipped with these powerful chips.
Taiwan's Foxconn said Tuesday it was building the world's largest manufacturing site for servers to house Nvidia's GB200 Superchips.
Foxconn is set to increase its server production capacity to meet unexpected strong demand for Nvidia's cutting-edge 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.
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 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.
Taiwanese industry giant, Foxconn, is holding its annual Tech Day in Taipei. Known formally as Hon Hai, the company is the largest contract electronics maker in the world.
Foxconn is building the world's largest manufacturing facility for Nvidia's GB200 chips, a senior executive at the Taiwanese company said on Tuesday.
Young Liu, chairman of Foxconn, which trades as Hon Hai locally in China and Taiwan, says he believes the boom "still has some time to go" as AI continues to evolve and become more intelligent.