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Foxconn and SoftBank to make data centre equipment in Ohio

Foxconn to Operate SoftBank’s Stargate AI Server Site in Ohio

Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what’s in the running to be the first manufacturing site in the Japanese company’s $500 billion Stargate venture with OpenAI and Oracle Corp.

Tom's Hardware on MSN · 2d

SoftBank acquires Foxconn's Ohio facility to build Stargate AI servers — $375 million deal says Foxconn will continue to operate the plant

Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.

Reuters on MSN · 2d

Foxconn and SoftBank to make data centre equipment in Ohio for Stargate project

Foxconn said on Monday it plans to manufacture data centre equipment with Japan's SoftBank at the Taiwanese firm's former electric vehicle factory in Ohio, part of the Stargate project to advance U.S.

SoftBank to buy $2bn in Intel shares

WFMJ · 1d

On heels of Foxconn venture, SoftBank invests in Intel

A new partner to Foxconn's AI venture in Lordstown, Japanese investment firm SoftBank, has also announced a $2 billion investment in semiconductor giant Intel.

Daily Mail on MSN · 1d

Billionaire investor announces huge stake in Intel

The billionaire investor often called Japan's Warren Buffett is making a huge bet on a legendary US firm. Shares jumped eight percent.

The Financial Times · 1d

SoftBank to buy $2bn in Intel shares as it grows American investments

SoftBank will buy $2bn worth of newly issued Intel common stock directly from the company, paying $23 a share, with the transaction subject to the usual closing conditions, Intel said in a statement on Monday.

SoftBank Sinks 9% as Asia Tech Stocks Follow U.S. Slide

SoftBank Group plunged as much as 9.2% Wednesday, leading a regional tech selloff after Wall Street losses tied to a pullback in Nvidia. The Tokyo-listed investment firm has now fallen for a second ...

The Vindicator1d

Foxconn: ‘Power, venue and timing’ prompted recent Lordstown sale

Staff report Foxconn confirmed Monday that Lordstown will be at the center of its artificial intelligence ambitions. Its chairman, Young Liu, told media outlets that the Taiwanese electronics giant ...

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