The Taiwanese company Hon Hai Precision Industry, known as Foxconn, intends to expand the production of servers for artificial intelligence (AI) in the United States. To do this, she will sell a plant in Ohio for 375 million dollars, but at the same time will continue to use this site for its own needs.
The object, including land and equipment, will move to a structure called Cresscent Dune LLC. Despite the sale, Hon HAI plans to stay on the territory of the enterprise and launch the assembly of II servers on its base. Details about the conditions for using the site by the company are not officially disclosed.
Earlier, the plant in Ohio belonged to the manufacturer of LordStown Motors electric vehicles, but in 2022 Foxconn bought the asset. Attempts to establish the production of electric cars there were unsuccessful, and now the company is betting on servers that are in demand against the backdrop of the rapid growth of investment in AI by the largest American IT companies.
In the USA, Hon Hai is already cooperating with NVIDIA and Apple, participating in the production of equipment for artificial intelligence. NVIDIA, in particular, announced plans to create AI-Infrastructure in the country in the amount of half-trillion dollars in the coming years.
