Foxconn chairman targets 50% of global AI server market
Overview
Foxconn chairman Young Liu tells CNBC the company's share of the global AI server market, now around 40%, could reach 50% in a couple of years and about 45% next year.
Liu says AI infrastructure may make up 60% to 65% of revenue within three to five years, and that production is fully booked for at least the next year and a half.
Liu also says Foxconn plans to expand U.S. manufacturing, starting with higher-margin AI server racks and data center equipment, and will spend $3 billion to $5 billion a year on AI. The targets are Liu's own projections as reported by CNBC; the report does not cite independent market data confirming the current 40% share.
Written by AI from the articles below · updated Oct 30, 3:58 AM ET
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- CNBC · TechnologyNewsFoxconn targets 50% of global AI server market within a couple of years
AIFoxconn chairman Young Liu told CNBC the company's share of the global AI server market, now around 40%, could reach 50% in a couple of years and about 45% next year. He said AI infrastructure may make up 60% to 65% of revenue within three to five years, with production fully booked for at least the next year and a half. Foxconn plans to expand U.S. manufacturing, starting with higher-margin AI server racks and data center equipment, and will spend $3 billion to $5 billion a year on AI.
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