Group 1: Market Demand and Production Plans - Foxconn's parent company, Hon Hai Precision Industry, reported that demand for Nvidia's Blackwell chips has reached "frenzied levels" [1] - Foxconn plans to mass-produce AI critical components, including servers and data centers, aiming for a production capacity of 20,000 Nvidia NVL72 cabinets by 2025 [1] - The company announced the construction of the world's largest Nvidia GB200 chip manufacturing facility in Mexico to meet the growing AI market demand [2] Group 2: Product Development and Shipping - Foxconn confirmed it is the first company to ship Nvidia's GB200 AI chips, with anticipated delivery by the fourth quarter of 2024, although delays may occur due to high demand [3] - The collaboration with Nvidia includes building a Blackwell supercomputing center in Kaohsiung, Taiwan, expected to begin operations by mid-2025 [4] Group 3: Financial Performance - Hon Hai's third-quarter revenues reached NT35 billion, setting a new record [6] Group 4: Global AI Revolution - Liu Yangwei emphasized the global nature of the AI revolution, extending operations beyond Taiwan to the Americas and Asia [5] - The development is linked to the broader trend towards creating artificial general intelligence (AGI), which is rapidly advancing but still in early stages [5]
Foxconn Expands to Meet Soaring Demand for Nvidia's GB200 AI Chips