The Foxconn chief executive’s comments underline the growing significance of generative artificial intelligence (GenAI) across industries, including automobile, for efficiency gains and cost savings.

Nvidia is rewriting the AI playbook. Instead of relying solely on U.S. cloud giants like Microsoft (MSFT) and Google (GOOGL) (GOOG), it’s striking “sovereign AI” deals with countries eager to build their own AI stacks. First Saudi Arabia. Now Taiwan.

Taiwan's Foxconn , the world's largest contract electronics maker, downgraded its full-year outlook on Wednesday citing recent appreciation of the Taiwan dollar, even as it struck an upbeat note about booming demand for AI servers.

In a keynote presentation, the Chairman of Foxconn claimed that developments in generative AI and robotics will end low-end manufacturing jobs.

NVLink Fusion program to enable Nvidia's users and partners to use non-Nvidia CPUs and GPUs in conjunction with Nvidia's products

Foxconn’s broader vision for AI-enabled smart hospitals is built on Nvidia’s full-stack solution, from data centre to bedside.

Nvidia CEO Jensen Huang announced an expanded collaboration with Foxconn and the Taiwan government to develop an AI factory, a project that will utilize 10,000 Nvidia GB300 GPUs.

Nurabot — built by Foxconn and Japanese multinational company Kawasaki Heavy Industries — uses the FoxBrain LLM, virtual training with Isaac for Healthcare and onboard compute powered by the NVIDIA Holoscan sensor processing platform running on an NVIDIA Jetson Orin device.