Foxconn is expanding its Wisconsin site after pivoting it from LCDs to AI data servers.
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(Image credit: Getty Images) Electronics assembly company Foxconn, which is known for building iPhones for Apple, announced that it has just received regulatory approval to expand its Wisconsin factory. According to Reuters , the Wisconsin Economic Development Corporation (WEDC) has just approved the company’s additional $549 million investment to expand its operations in Racine County. This will help the manufacturer build more AI servers for its clients, especially as demand is steadily increasing.
“As the demand for more data infrastructure continues to rise, Foxconn will keep responding to our customers’ needs with flexibility and at scale in the United States,” Foxconn chief product officer Jerry Hsiao told Reuters . The move will not only increase the company’s output, but it will also result in 1,374 new jobs — effectively doubling the workforce in the state, which already accounts for 25% of the company’s workforce in the U.S.
The burgeoning AI demand across the industry has been fueling massive investments in chip fabs. TSMC and SoftBank are looking to spend $1 trillion to turn Arizona into a center for artificial intelligence and robotics and compete with Shenzhen. U.S. President Donald Trump even signed an executive order for the “ Genesis Mission ,” which the White House is comparing to the Manhattan Project of World War II in terms of its scale. Aside from these plans, we also have numerous data centers going up in different sites all over the United States, with companies such as Microsoft rushing to bring them into service because they do not have enough “warm shells” to plug their GPUs into .
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Reference reading
- https://www.tomshardware.com/tech-industry/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/foxconn-to-expand-u-s-operations-at-wisconsin-site-with-usd549-million-investment-taiwanese-company-gets-approval-for-more-ai-data-center-industry-in-racine-county#main
- https://www.tomshardware.com
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