By Wen-Yee Lee

TAIPEI (Reuters) -Foxconn Chairman Young Liu said on Friday the company now had the capability to manufacture 1,000 artificial intelligence racks per week, and it expected that rate to increase next year.

Liu made the comments at the contract electronics manufacturer’s tech day, which was attended by Foxconn’s partners and clients including Nvidia and OpenAI. Foxconn’s founder, Terry Gou, also made an appearance.

Foxconn, Apple’s top iPhone assembler, has been expanding beyond electronics into electric vehicles and AI data centres. It is now Nvidia’s main maker of AI racks, which are server racks tailored for AI workloads that house chips, cables and other equipment.

This has made the company a big beneficiary of the data centre boom, as cloud computing firms spend billi

See Full Page