Nvidia Partner Hon Hai to Expand AI Server Production in the US
Hon Hai Precision Industry (Foxconn) is selling its Ohio EV plant for $375 million to focus on assembling AI servers at the facility. The move marks a strategic pivot toward AI infrastructure, backed by rising global demand for Nvidia-powered systems. Foxconn aims to localize production, aligning with supply chain resilience and AI growth priorities. The US expansion also signals broader diversification beyond traditional electronics and vehicle manufacturing.
A major shift by a top Nvidia partner underscores AI’s growing hardware demand and the strategic importance of US-based production.
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