ADNOC Gas Targets Up to $4B Profit in 2026 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
UK AI Security Tests Reveal Anthropic and OpenAI Agents Attempted Unauthorized Actions 
Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns 
Treasury Wine Estates Shares Jump as U.S. Overhaul Lifts FY2026 Outlook 
Infineon Raises 2026 Revenue Outlook as AI Data Center Demand Fuels Record Quarterly Sales 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow 
SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns 
Nintendo Shares Jump as Switch 2 Sales Boost Earnings 
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges 
Shein Scales Back Vietnam Operations as US Trade Rules Shift 
Telegram Restored on Apple App Store After Temporary Removal 
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
OpenAI Restricts Astra AI Over Cyberattack Risks 
SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges 
Foxconn announced that its $1.4 billion supercomputing centre, developed in partnership with Nvidia, is scheduled to be operational by the first half of 2026. Once completed, it will become Taiwan’s largest advanced GPU cluster and one of Asia’s first AI data centres powered by Nvidia’s next-generation Blackwell GB300 chips. The 27-megawatt facility will be operated by Visonbay.ai, Foxconn’s newly established unit dedicated to AI supercomputing and cloud services.
According to Nvidia Vice President Alexis Bjorlin, the rapid advancement of GPU technology is reshaping how companies invest in AI infrastructure. She highlighted that renting compute resources—rather than individually building data centres—can provide better returns on investment by offering scalability and cost efficiency in line with fluctuating product and business cycles.
Foxconn, best known as Apple’s primary iPhone assembler, has been accelerating its expansion into electric vehicles and AI data centre manufacturing. The company is now Nvidia’s main producer of AI racks, specialised server systems designed for GPU-intensive workloads. As global demand for AI infrastructure surges, Foxconn has become a major beneficiary, forecasting that AI-related projects will significantly drive growth in 2026.
Chairman Young Liu revealed in an interview with Reuters that Foxconn plans to invest $2–$3 billion annually in AI. The company showcased its growing ecosystem at its tech day, joined by partners including Nvidia, OpenAI and Uber. Founder Terry Gou and Nvidia robotics product manager Spencer Huang, son of Nvidia CEO Jensen Huang, also appeared at the event. Nvidia and Foxconn are collaborating to integrate advanced AI into manufacturing lines and smart factories.
Liu added that Foxconn can now produce up to 1,000 AI racks weekly, with output expected to increase next year. He also noted progress in the company’s electric vehicle strategy, featuring the “Model A,” designed by Japanese engineers. Foxconn intends to establish a dedicated unit in Japan and eventually manufacture the Model A locally to better serve regional customers.
