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Foxconn and SoftBank to make data center equipment in Ohio

Bloomberg · 3d

Foxconn to Operate SoftBank’s Stargate AI Server Site in Ohio

Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what’s in the running to be the first manufacturing site in the Japanese company’s $500 billion Stargate venture with OpenAI and Oracle Corp.

The Columbus Dispatch on MSN · 2d

Foxconn and SoftBank to make data center equipment in Ohio for Stargate project

TAIPEI (Reuters) - Foxconn said on Aug. 18 it plans to manufacture data center equipment with Japan's SoftBank at the Taiwanese firm's former electric vehicle factory in Ohio, part of the Stargate project to advance U.S. artificial intelligence infrastructure.

Tom's Hardware on MSN · 3d

SoftBank acquires Foxconn's Ohio facility to build Stargate AI servers — $375 million deal says Foxconn will continue to operate the plant

Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.

Intel, SoftBank

Reuters on MSN · 1d

Intel gets $2 billion lifeline in the form of SoftBank equity investment

SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market capitalisation at close of trading on Monday, represent an equity stake of just under 2%, an Intel spokesperson said.

MarketWatch on MSN · 22h

Here’s how SoftBank could turn Intel’s fortunes around

SoftBank Group Corp.’s $2 billion investment in Intel Corp. could be the catalyst the struggling chip maker needs to turn the corner, some analysts believe. Melius Research analyst Ben Reitzes raised his price target on Intel’s stock to $25 from $21,

Wall Street Journal · 1d

Podcast: SoftBank Bets on Embattled Intel

Japanese tech-investment giant SoftBank agreed to invest $2 billion in Intel, boosting the embattled chip maker at a t

2d

SoftBank's growing bets on AI and semiconductor assets

SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...

1d

Intel, SoftBank Discussed a Sale. Now, a Cash Infusion Will Accelerate American AI.

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

What’s up with… Intel, SoftBank, Deutsche Telekom & Nvidia

Intel secures $2bn investment from SoftBank GroupSoftBank lines up Stargate factory in OhioDeutsche Telekom and Nvidia pitch ...

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