Nvidia provider Foxconn bullish on AI demand, teases OpenAI announcement
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Merchandise 1 of two The brand of Foxconn is seen outdoors the corporate’s constructing in Taipei, Taiwan November 10, 2022. REUTERS/Ann Wang
[1/2]The brand of Foxconn is seen outdoors the corporate’s constructing in Taipei, Taiwan November 10, 2022. REUTERS/Ann Wang Purchase Licensing Rights, opens new tab
Foxconn upbeat on AI demand into 2026
Teases OpenAI announcement at subsequent week’s tech day
Q3 internet revenue beats market expectations
Foxconn shares have surged this 12 months
TAIPEI, Nov 12 (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker, supplied a bullish outlook on AI-related demand on Wednesday saying it will be a giant driver of 2026 progress, and teased an announcement subsequent week with OpenAI.
Foxconn Chairman Younger Liu advised an earnings name that the significance of AI would massively enhance subsequent 12 months, although the corporate would additionally hold a cautious eye on geopolitical and forex points.
“Typically talking, judging from what we see now, I’m very optimistic in regards to the AI market subsequent 12 months,” he stated.
Corporations asserting multi-billion-dollar investments in synthetic intelligence have raised issues about…
