Monday, 2 November, 2026
Hardware Boom: Foxconn Teases OpenAI Partnership and Rejects AI Bubble Fears
By TechShots Studio
Taiwan’s Foxconn is working on a new hardware partnership with OpenAI, Chairman Young Liu revealed after meeting CEO Sam Altman. Dismissing market concerns over an AI bubble, Liu cited strong demand for AI servers—which now account for over half of Foxconn's revenue—and projected double-digit growth next year as the company expands its U.S. manufacturing footprint.
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