Foxconn chairman says AI investment boom 'still has some time to go' as language models evolve

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Foxconn chairman says AI investment boom 'still has some time to go' as language models evolve

Foxconn Chairman Young Liu emphasized that the AI investment boom is still evolving, particularly as language models advance. He noted that the pursuit of Artificial General Intelligence (AGI) is beneficial for the AI server industry, which has significantly contributed to Foxconn's growth this year. Liu highlighted strong demand for Nvidia's upcoming Blackwell server chip, which Foxconn is set to manufacture, indicating a positive outlook for the AI sector.

Liu explained that the tech industry's trajectory is leaning towards AI that rivals human intelligence, with AGI being a key focus. He expressed optimism about the future of AI devices, particularly those that process data directly on mobile devices. As smartphone manufacturers integrate AI features into their products, the industry is poised for a resurgence, with Foxconn at the forefront of this transformation.

• Foxconn's growth is linked to advancements in AI and server technology.

• Demand for Nvidia's Blackwell chip exceeds expectations, indicating strong market interest.

Key AI Terms Mentioned in this Article

Artificial General Intelligence (AGI)

Liu discussed AGI as a significant goal for the tech industry, indicating that current AI models are still developing towards this level of intelligence.

AI Server Industry

Liu noted that this industry has been a major contributor to Foxconn's growth, driven by increasing demand for AI capabilities.

Blackwell Chip

Liu highlighted the strong demand for the Blackwell chip, which Foxconn is manufacturing, as a key factor in the company's positive sales outlook.

Companies Mentioned in this Article

Foxconn

The company is experiencing growth due to heightened demand for AI servers and related technologies.

OpenAI

The company is relevant in the context of the article as it is one of the key players pushing for advancements in AI capabilities.

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