Taiwan’s Foxconn announced that its board of directors has approved a strategic investment plan to acquire equipment necessary for an AI compute cluster and a supercomputing centre, with a proposed expenditure of up to NT$42 billion (approximately $1.37 billion). The investment is scheduled to be executed between December 2025 and December 2026, utilising the company’s own funds, as disclosed in a filing released late on Monday.
Foxconn stated that the objective of this initiative is to “expand the cloud compute service platform and accelerate the development of the Group’s three smart platforms.” The company did not specify the locations of the investments nor provide further details. An individual familiar with the matter indicated that the investments would be conducted within Taiwan. Foxconn has not yet responded to inquiries for comment.
As the world’s largest contract electronics manufacturer, also known as Hon Hai Precision Industry Co Ltd, Foxconn has been intensifying its investments in artificial intelligence and cloud infrastructure, aiming to discover new avenues for growth beyond its traditional electronics manufacturing and smartphone markets.
In May, the company announced plans to establish an artificial intelligence centre in Taiwan in collaboration with Nvidia, with an intended capacity of 100 megawatts.
Also Read: U.S. Moves to Diversify Supply Chain with Southeast Asia
Furthermore, in August, the company revealed its intention to produce data centre equipment in partnership with Japan’s SoftBank at its former electric vehicle factory in Ohio, as part of the Stargate project aimed at advancing artificial intelligence infrastructure in the United States.
