Riding high on the back of the AI hype, TWSE:2317 is outperforming the Taiwanese market. It has returned 77% (82% with dividends) over the past year versus 28% (31%). Still, it remains relatively affordable, historically and compared to peers.

Foxconn Group (Hon Hai) is positioning itself for expanded AI applications and regionalized production in 2025, with projections to surpass NT$7 trillion (US$214.38 billion) in annual revenue, according to company sources.

OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Chairman of Oracle appeared is set to appear at the White House Tuesday afternoon alongside President Donald Trump and other tech CEOs to announce a massive private sector investment in artificial intelligence infrastructure in the United States.

Quanta, Wistron, and Inventec enjoyed record-high sales in 2024, buoyed by robust AI server sales, while revenue at Pegatron and Compal fell due to a lack of exposure to AI.

Working alongside companies such as OpenAI and Softbank, Trump's new Stargate project aims to herald the "golden age" of AI.

Oracle is a natural partner as it is already one of the biggest data center operators in the U.S., while SoftBank has the money required to finance ambitious infrastructure projects. OpenAI, of course, is widely regarded as one of the leaders in terms of AI development.

Ingrasys Technology USA has bought six buildings across 26.3 acres in Sunnyvale for an estimated $128 million. The cloud infrastructure unit of Taiwan-based Foxconn purchased 313,700 square feet of flex offices at 1230, 1240, 1250, 1260, 1270 and 1280 East Arques Avenue, the Silicon Valley Business Journal reported.

A cloud infrastructure company that works with Nvidia bought six buildings in Sunnyvale. Foxconn said its subsidiary, Ingrasys Technology USA, purchased the properties for an estimated $128 million.

Hyped ahead of its announcement, U.S. President Donald Trump has declared plans to inject $500 billion into artificial intelligence infrastructure through a new public-private partnership named

In this edition of TC's AI newsletter, This Week in AI, we talk about OpenAI's new Stargate joint venture and what it means for AI rivals.

Foxconn's earnings release comes just a week after Microsoft announced that it expects to spend $80 billion on AI data center infrastructure in its FY 2025. This was huge news for investors, as it confirms that Silicon Valley's AI arms race is not winding down any time soon.

SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a starring role in an U.S. artificial intelligence infrastructure buildout package backed by President Donald Trump.