Foxconn to Start Shipping Next-Gen AI Cabinets in 4Q

Dow Jones
08/12

1057 GMT - Foxconn plans to begin shipping the next-generation AI cabinets in 4Q after entering mass-production preparation in the 3Q, with the products expected to become its main offering next year, according to rotating CEO Michael Chiang. Product validation is progressing, with shipments set to ramp up in coming quarters, he says, referring to the upcoming platform without naming Nvidia's Vera Rubin directly. Greater automation, vertical integration and improved system-delivery capabilities are helping Foxconn win new projects, he adds, noting that it's on track to achieve its goal of 50% market share. While customer demand and project visibility remains highly positive, Chiang says next year's industry AI cabinet volumes will ultimately depend on the availability of advanced AI chip packaging capacity.

 

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