Foxconn, the world’s largest contract electronics maker and a close manufacturing partner with Nvidia on AI servers, has reported that revenue for May increased 22.1% year-on-year and reached a record high for the month.
“Due to higher-than-expected demand from AI servers, current visibility for the second quarter is expected to beat expectations,” the company said in a statement, without providing additional details.
This follows Foxconn’s announcement at Computex 2024 yesterday (June 4) that the company will cooperate with Nvidia on the creation of an advanced computing center in southern Taiwan over the next two years.
At a meeting with Nvidia CEO and founder Jensen Huang at the show, Foxconn Chair Young Liu announced that the center will be situated in the Kaohsiung Software Park and will utilize 64 racks and 4,608 Nvidia GB200 GPUs to power Foxconn’s smart platforms. This facility is expected to be a cornerstone in Foxconn’s efforts to leverage AI across various industries, including electric vehicles (EVs), smart factories, robotics, and smart cities.
The partnership will see the integration of Nvidia Omniverse and digital twins in the development of Foxconn’s three key smart manufacturing, smart EV, and smart city platforms.
For smart manufacturing, image recognition technology will be paired with Foxconn’s autonomous mobile robots to optimize capacity utilization. The Foxtron subsidiary’s automotive manufacturing facilities in Kaohsiung’s Qiaotou Science Park will serve as one of Foxconn’s “benchmark AI factories,” linking virtual and physical production lines for electric buses.
The collaboration in smart vehicles will focus on the development of an ADAS (advanced driver-assistance systems) platform for future Foxconn EVs. The two companies also plan to develop a “cabin-driving-in-one” smart travel solution that creates what they describe as a “third living space” within the vehicles.
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