Foxconn shifts its strategy in the US: $375 million sale of electric car factory, seizing the opportunity to manufacture AI servers

According to the Securities Times APP, Taiwanese technology manufacturing giant Foxconn (Hon Hai Precision Industry) is accelerating its layout of artificial intelligence server manufacturing in the United States. According to informed sources, the company, which has long provided contract manufacturing services to US technology companies such as NVIDIA (NVDA.US) and Apple (AAPL.US), has officially signed an agreement to sell its electric car factory in Ohio for $375 million and plans to reinvest some of the proceeds in developing artificial intelligence server manufacturing business in the United States.