Taiwan’s Foxconn predicts huge growth in AI server business | The Malaysian Insight

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Taiwan’s Foxconn predicts huge growth in AI server business

Taiwanese tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial intelligence server business due to robust demand for AI products such as ChatGPT. – EPA pic, May 31, 2023.

TAIWANESE tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial intelligence server business due to robust demand for AI products such as ChatGPT, its chairman said today. Foxconn – known officially as Hon Hai Precision Industry – is the world’s biggest contract electronics manufacturer and assembles devices for many international brands, most notably Apple’s iPhone products.

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Foxconn sees three-digit AI server business growthThe sector’s revenue hit US$36 billion in 2022, capturing a 40% share of the global market.
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