Foxconn Boosts Production of Nvidia Super Chips to Meet Surging Demand

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Oct 08, 2024
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Foxconn is constructing the world's largest factory for Nvidia's super chips in Mexico, aiming to address the massive demand for Nvidia's Blackwell platform. A company executive highlighted this major development, emphasizing the strategic collaboration between Foxconn and Nvidia.

In August, Nvidia announced that it had begun shipping samples of the Blackwell chips to partners and clients following design adjustments. The company anticipates substantial revenue growth in the fourth quarter due to these chips.

The cooperation between Foxconn and Nvidia is deemed critical, as the demand for the Blackwell platform continues to soar.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.