Taiwan’s said its board of directors has approved an investment plan to procure equipment for an AI compute cluster and a supercomputing centre, which will allow it to spend up to NT$42 billion ($1.37 billion).
The investment will be made from December 2025 to December 2026 using its own funds, the company said in a filing published late on Monday.
Foxconn said the purpose of the plan is to “expand the cloud compute service platform and accelerate the development of the Group’s three smart platforms.” It did not elaborate or say where the investment would be made.
A person familiar with the matter said the investment will be made in Taiwan. Foxconn did not immediately respond to a request for comment.
The world’s largest contract electronics maker, also known as Hon Hai Precision Industry Co Ltd, has been stepping up its investments in artificial intelligence and cloud infrastructure as it seeks new growth drivers beyond smartphones and traditional electronics manufacturing.
