Foxconn splurges 1.37 billion US dollars to increase investment in AI computing power and supercomputing center construction.

Foxconn announced on Monday that its board of directors has approved an equipment procurement investment plan for the construction of an artificial intelligence (AI) computing cluster and supercomputing center, with a maximum investment of up to 42 billion New Taiwan Dollars (approximately 1.37 billion US dollars). The company stated in the announcement that this investment will be made using its own funds and will be disbursed in batches from December 2025 to December 2026. Foxconn said that the plan aims to "expand cloud computing service platform and accelerate the development of the group's three major intelligent platforms." However, the company did not disclose specific implementation details and investment locations. Sources familiar with the matter stated that the investment will be concentrated in Taiwan, China, and Foxconn has not immediately responded to requests for comment. As the world's largest electronics contract manufacturer, Foxconn (officially known as Hon Hai Precision Industry Co., Ltd.) is increasing its investments in AI and cloud infrastructure to explore new growth drivers beyond smartphones and traditional electronics manufacturing. In May of this year, the company announced a partnership with NVIDIA Corporation to build a 100-megawatt AI computing center in Taiwan. In August, Foxconn also disclosed plans to collaborate with SoftBank Group in Japan to produce data center equipment in its former electric car factory in Ohio, USA. This project is part of the "Gateway to the Stars" initiative aimed at promoting the development of AI infrastructure in the United States.