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SoftBank Buys Foxconn’s Ohio Plant to Boost Stargate AI Push
SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed at kick-starting the Japanese company’s $500 billion Stargate data center project with OpenAI and Oracle Corp.
SoftBank buys Foxconn plant in Ohio for $375M to make AI servers
Foxconn, officially Hon Hai Precision Industry Co., is the world’s largest contract electronics manufacturer. It assembles Apple Inc.’s iPhones and supplies servers to multiple cloud providers. The company is also active in numerous other markets including the auto sector.
A few of SoftBank's portfolio companies are expected to go public this year. Shares of SoftBank Group ended Friday 10.39% ...
Japanese technology conglomerate SoftBank Group has reported a $2.9 billion profit for the April-June quarter, rebounding ...
SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time ...
The investment conglomerate reported a higher-than-expected profit, aided by a recovery in its te ...
Kyodo News on MSN19h
Nikkei index up over 2% as SoftBank Group soars on solid earningsTokyo stocks rose sharply Friday morning, with the Nikkei index surging over 2 percent, boosted by a jump in market ...
After adding more than $65 billion in market value over the past four months, the fate of SoftBank Group Corp. shares is more firmly attached to the global artificial intelligence boom than ever ...
Shares rose for a second day, in a rally sparked by rival Eli Lilly (LLY) reporting less-than-stellar trial results for an ...
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