Thursday, October 10, 2024

Foxconn says it's doing a large factory expansion in Mexico for a key client, Nvidia

From JSOnline:

Foxconn says it's building the largest Nvidia GB200 production facility in the world.


Rick Barrett
Milwaukee Journal Sentinel

Foxconn says it’s expanding production capacity in Mexico to meet demands of Nvidia, a fast-growing U.S. technology company with ties to Milwaukee.

As reported by Reuters from Taiwan, Foxconn is building a manufacturing facility in Mexico for Nvidia’s GB200 superchips, a key component of the firm’s next-generation Blackwell computing platform.

“We’re building the largest GB200 production facility on the planet,” Benjamin Ting, Foxconn senior vice president for the cloud enterprise solutions business group, told Reuters on Tuesday.

A Mexican government source said the plant would be in the city of Guadalajara, according to Reuters.

Foxconn could not immediately be reached by the Journal Sentinel on Wednesday.

However its expansion in Mexico would be expected.

The world's largest electronics manufacturer has 30,000 employees spread over seven campuses in Mexico, with major production centers in Juarez, Tijuana, Guadalajara and Chihuahua City, making desktop computers, servers, components for electric vehicles and other products.

The company was a cornerstone of Mexican electronics manufacturing long before it announced plans, with much fanfare, to create 13,000 jobs in Wisconsin but has since produced only around 1,000 positions

Earlier, Foxconn said it anticipated continued growth of its Mexican operations, which have included a $500 million investment in the state of Chihuahua alone.

Nvidia, largely focused on artificial intelligence computing, has around 30,000 employees and in 2023 had nearly $27 billion in revenue.

The company has ties to Milwaukee through Dwight Diercks, its senior vice president of software engineering. The group he oversees has around 9,000 employees and a $2.3 billion budget.

In September, Milwaukee School of Engineering celebrated the fifth anniversary of Diercks Hall, the home of Wisconsin’s only computer science program focused on AI, according to MSOE.

The four-story, 64,000 square foot building was made possible by a $34 million donation from Dwight Diercks, an MSOE regent and alumnus, and his wife, Dian. The building’s full name is the Dwight and Dian Diercks Computational Science Hall.

Dwight Diercks was the 22nd employee hired at Nvidia, founded in Sunnyvale, California, in 1993 as a technology company that developed graphics accelerator chips for PCs and video games.

From: https://www.jsonline.com/story/money/business/2024/10/10/foxconn-says-its-doing-a-large-factory-expansion-in-mexico-for-nvidia/75583579007/

Is Foxconn lying again?

No comments:

Post a Comment