Following on August 16's "Foxconn says EV sales are so slow it's converting a factory to build AI servers instead".
From Nikkei Asia, August 18:
Taiwan's Foxconn on Monday confirmed that SoftBank is buying its factory in Ohio and that it will work with the Japanese company to build AI data centers in the state under the $500-billion Stargate project, part of U.S. President Donald Trump's manufacturing push.
Foxconn Chairman Young Liu said his company, which is also a key Nvidia and Apple supplier, has already started working with SoftBank on the project. He added that the Ohio factory, which previously produced electric vehicles, has the electricity and land needed to build AI infrastructure.
"Timing was also a crucial factor. [Stargate] can't wait for too long. ... We and SoftBank both think Ohio is a very suitable place, and we've been working on it for more than six months," Liu told reporters in Taipei ahead of a routine meeting of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA).
"The Ohio factory is quite different now than before," Liu added....
....MUCH MORE
The reporter notes "The Ohio facility covers 6.2 million sq. feet (576,000 sq. meters)"
I should buy a roofing company.
