Foxconn Plans to Capture 50% of Global AI Server Market Share in Coming Years

Techub News reports that Foxconn Chairman Liu Yangwei stated that the company plans to occupy 50% of the global AI server market share in the coming years. At the same time, Foxconn will expand its manufacturing layout in the United States, moving upstream in the supply chain to better serve the US market. Liu Yangwei said that expanding production scale in the US will ultimately help reduce manufacturing costs. This expansion comes as Foxconn seeks to strengthen its position in the AI infrastructure supply chain, covering servers, racks, and the entire data center and computing services. (CNBC)