Foxconn, the maker of iPhones and Nvidia, will construct «AI factories»
According to the companies, it is a novel type of data center that powers a «wide range» of applications with Nvidia chips. These include big language models, robotics platforms, and self-driving car training.
In a blow to Nvidia, it coincides with the US’s announcement that it intends to stop exporting more sophisticated semiconductors to China.
The business claims that the most recent export limitations, which Washington revealed this week, will prevent sales of the A800 and H800, two high-end AI chips that Nvidia developed for the Chinese market.Additionally, Mr. Liu stated that Foxconn is attempting to «transform itself from a manufacturing service company to a platform solution company,» listing intelligent manufacturing and smart cities as further uses for AI factories.
Nvidia’s shares have more than tripled in value this year, and the company’s advanced chips are being used in AI applications, which has increased the company’s stock market worth to over $1 trillion.
With Apple, Microsoft, Alphabet, and Amazon already in the «Trillion dollar club,» this makes it the sixth publicly traded US corporation to accomplish so.
