Apple reportedly in talks with Foxconn to build AI servers in Taiwan

seekingalpha
2024-11-06

janiecbros

  • Apple (NASDAQ:AAPL) has approached its biggest iPhone supplier Foxconn (OTCPK:FXCOF) about building artificial intelligence servers in Taiwan for its internal use, Nikkei Asia reported, citing sources.
  • The size of the order, which is aimed at helping Apple (AAPL) ramp up its computing capability, would likely be relatively small.
  • But sources said Foxconn's (OTCPK:FXCOF) capacity to take on Apple (AAPL) as a server customer may be limited, as the Taiwanese firm is also the leading manufacturer of Nvidia's (NVDA) AI servers.
  • For now, Apple (AAPL) and Foxconn (OTCPK:FXCOF) - also known as Hon Hai Precision (OTCPK:HNHAF) - haven't finalized a deal yet.
  • Apple (AAPL) has also approached Chinese firm Lenovo (OTCPK:LNVGY) (OTCPK:LNVGF) to help in designing some of the AI servers.

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