Foxconn Chairman: AI Demand is Real

Foxconn, also known as Hon Hai, is counting on a steady US expansion and a partnership with OpenAI to help hit its goal of capturing half the AI server market within two years. Chairman Young Liu spoke with Bloomberg's Annabelle Droulers, after earlier Friday meeting with OpenAI chief Sam Altman to discuss their partnership. He said AI demand is real and pointed to major cloud spending as a sign of strong momentum. (Source: Bloomberg)