In addition to Foxconn, 4 companies to build chip factories in Jalisco

According to Antonio Lancaster-Jones Gonzalez, coordinator of Industriales de Jalisco, four international corporations, including Taiwan’s Foxconn, would invest in building semiconductor (chip) plants in the Guadalajara Metropolitan Zone, sometimes referred to as Mexico’s Silicon Valley.

“In this sector we are expecting five new investments, (among them Foxconn, which will be announced and we are going to announce the first stage of 900 million dollars in the next week”, said the businessman in the framework of the Annual Meeting of Industrialists (RAI), Industry as an engine of prosperity and welfare.

The CEO clarified that Foxconn of Taiwan and a different business, the identity of which he has not yet disclosed, will provide the US$900 million investment.

According to him, the investment made by Foxconn and another business would create over 11,000 direct employment in only the upcoming year.

Foxconn said in early October 2024 that it is constructing the largest facility in the world in Mexico to make Nvidia’s GB200 superchips, which are a crucial part of the American company’s next-generation Blackwell family computer platform.

As it assembles servers needed to perform AI workloads, Foxconn, the largest contract electronics manufacturer in the world and the company behind Apple’s iPhone assembly line, has profited from the emergence of artificial intelligence.