Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
positive
1 day agoFoxconn commits $1.37 billion to build AI compute cluster in Taiwan
Foxconn Technology Group’s board approved an investment of up to NT$42 billion (around $1.37 billion) to procure equipment and build an AI compute cluster and supercomputing centre, likely located in Taiwan. The investment, to be made between December 2025 and December 2026, is part of the firm’s push beyond smartphone manufacturing into AI infrastructure and cloud-computing services. Foxconn had already announced plans earlier this year for a data-centre equipment venture with SoftBank Group in Ohio and is now doubling down on Taiwan’s tech ecosystem.
positive
1 day agoFoxconn commits $1.37 billion to build AI compute cluster in Taiwan
Foxconn Technology Group’s board approved an investment of up to NT$42 billion (around $1.37 billion) to procure equipment and build an AI compute cluster and supercomputing centre, likely located in Taiwan. The investment, to be made between December 2025 and December 2026, is part of the firm’s push beyond smartphone manufacturing into AI infrastructure and cloud-computing services. Foxconn had already announced plans earlier this year for a data-centre equipment venture with SoftBank Group in Ohio and is now doubling down on Taiwan’s tech ecosystem.
positive
Foxconn commits $1.37 billion to build AI compute cluster in Taiwan
1 day ago
1 min read
84 words
Foxconn approved ~$1.37 billion to develop an AI compute cluster and supercomputing centre in Taiwan.
Foxconn Technology Group’s board approved an investment of up to NT$42 billion (around $1.37 billion) to procure equipment and build an AI compute cluster and supercomputing centre, likely located in Taiwan. The investment, to be made between December 2025 and December 2026, is part of the firm’s push beyond smartphone manufacturing into AI infrastructure and cloud-computing services. Foxconn had already announced plans earlier this year for a data-centre equipment venture with SoftBank Group in Ohio and is now doubling down on Taiwan’s tech ecosystem.
Foxconn Technology Group’s board approved an investment of up to NT$42 billion (around $1.37 billion) to procure equipment and build an AI compute cluster and supercomputing centre, likely located in Taiwan. The investment, to be made between December 2025 and December 2026, is part of the firm’s push beyond smartphone manufacturing into AI infrastructure and cloud-computing services. Foxconn had already announced plans earlier this year for a data-centre equipment venture with SoftBank Group in Ohio and is now doubling down on Taiwan’s tech ecosystem.
Tags:
technology
manufacturing
technology
manufacturing
Taiwan
AI
infrastructure
Oct 28, 2025 • 22:59 IST







































