The Foxconn chief executive’s comments underline the growing significance of generative artificial intelligence (GenAI) across industries, including automobile, for efficiency gains and cost savings.

In a keynote presentation, the Chairman of Foxconn claimed that developments in generative AI and robotics will end low-end manufacturing jobs.

Taiwan's Foxconn , the world's largest contract electronics maker, downgraded its full-year outlook on Wednesday citing recent appreciation of the Taiwan dollar, even as it struck an upbeat note about booming demand for AI servers.

Nvidia is rewriting the AI playbook. Instead of relying solely on U.S. cloud giants like Microsoft (MSFT) and Google (GOOGL) (GOOG), it’s striking “sovereign AI” deals with countries eager to build their own AI stacks. First Saudi Arabia. Now Taiwan.

Foxconn’s broader vision for AI-enabled smart hospitals is built on Nvidia’s full-stack solution, from data centre to bedside.

CEO Jensen Huang announced a wave of new technologies and partnerships at the Computex 2025 conference in Taiwan to reinforce the company’s dominance in AI computing space.

“Nvidia DGX Cloud Lepton connects our network of global GPU cloud providers with AI developers,” said Jensen Huang, founder and CEO of Nvidia. “Together with our NCPs, we’re building a planetary-scale AI factory.”

Nvidia Corp. Chief Executive Officer Jensen Huang outlined plans to let customers deploy rivals’ chips in data centers built around its technology, a move that