Market Insight | FIH Group Soars Over 26% as Foxconn and NVIDIA Announce Plans to Establish Advanced Computing Center

FIH surged more than 26%, as of the time of publication, it rose by 23.38% to HKD 0.95, with a turnover of HKD 18.6491 million. On the news front, Foxconn Technology Group and NVIDIA announced the establishment of an advanced computing center. The facility, centered around NVIDIA's GB200 servers, aims to revolutionize Foxconn's smart manufacturing, electric vehicles (EV), and smart city platforms. NVIDIA CEO Jensen Huang emphasized the close collaboration between the two tech giants and highlighted the Blackwell series chips as the "best example" of joint innovation. Foxconn Chairman Liu Yangwei stated that the Kaohsiung factory in the Kaohsiung Software Park will be equipped with 64 racks and 4608 GPUs. The collaboration between the two parties will not be limited to the Kaohsiung center, as Foxconn will enhance its smart platform and expand cooperation in AI, electric vehicles, smart factories, robots, and smart city platforms