Foxconn to build AI data factories using Nvidia chips and software

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Foxconn to build AI data factories using Nvidia chips and software
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Taiwan's Foxconn (2317.TW), the world's largest contract manufacturer, will build artificial intelligence data factories using Nvidia (NVDA.O) chips and software to make products including self-driving cars, the companies said on Wednesday.

Foxconn Chairman Liu Young-way speaks on stage during the company's annual Tech Day in Taipei, Taiwan, October 18, 2022. REUTERS/Ann Wang/File PhotoSharing a stage at Foxconn's annual Tech Day in Taipei, Foxconn Chairman Liu Young-way and Nvidia CEO Jensen Huang said their companies were building AI factories together.

"This is a factory that takes data input and produces intelligence as an output," he said. "In the future, every company, every industry, will have AI factories."

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