Tag Archives: AI demand

Hon Hai Plans Major Expansion to Meet Surging AI Demand for Nvidia Chips

Nvidia Partner Hon Hai Expands Server Capacity Amid Surging AI Demand

Hon Hai Precision Industry Co., widely known as Foxconn, is set to significantly increase its server capacity in response to soaring demand for Nvidia Corp. chips, which are crucial for artificial intelligence (AI) development. The company's chairman, Young Liu, described the demand for the latest Blackwell chips as "crazy," aligning with comments made by Nvidia's Chief Executive Officer Jensen Huang regarding the growing AI investment landscape.

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