Hon Hai invests US$142 million in Texas to expand AI server capacity – Taipei Times

Taiwan-based manufacturing giant Hon Hai Precision Industry Co (鴻海精密) has invested US$142 million (NT$4.69 billion) in Texas, which industrial sources close to the deal said was aimed at expanding its artificial intelligence (AI) server capacity.

In a statement filed Monday with the Taiwan Stock Exchange, where Hon Hai shares are traded, the company said it had acquired an 86.34-acre lot in Houston and…