Foxconn Plans $1-5 Billion US Expansion to Meet AI Sector Demands
ByAinvest
Friday, Nov 21, 2025 3:32 am ET1min read
NVDA--
Foxconn plans to spend up to $5 billion on US expansion, focusing on AI server production for Nvidia and OpenAI. The Taiwanese company aims to double its server rack assembly capacity to 2,000 per week by 2026. Foxconn is expanding its role in the AI hardware ecosystem, reducing its reliance on assembling iPhones for Apple. The company is exploring joint projects with OpenAI to address the pain points of local manufacturing and setup.
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