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iPhone maker Foxconn joins $1 trillion AI data center market with new alliance [CNBC]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The two companies are teaming up to bring their expertise together to effectively create a one-stop-shop for anyone looking to set up an AI data center. It's a play that could unlock Foxconn's access to a potential $1 trillion of spending by companies on data centers in the coming years. Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. on Wednesday said it is taking a stake in ., a move that will looks to supercharge its efforts to become a key player in building artificial intelligence data centers. The Taiwanese firm, formally known as Hon Hai, is looking to replicate the success it has had in consumer electronics in the world of AI. It's a play that could unlock Foxconn's access to a potential $1 trillion of spending by companies on data centers in the coming years, according to Counterpoint Research, and will also pit the Taiwanese giant against companies like ABB, and Fo
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