--- title: "Market Insight | FIH Group Soars Over 26% as Foxconn and NVIDIA Announce Plans to Establish Advanced Computing Center" type: "News" locale: "en" url: "https://longbridge.com/en/news/205681394.md" description: "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" datetime: "2024-06-06T03:11:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/205681394.md) - [en](https://longbridge.com/en/news/205681394.md) - [zh-HK](https://longbridge.com/zh-HK/news/205681394.md) --- # Market Insight | FIH Group Soars Over 26% as Foxconn and NVIDIA Announce Plans to Establish Advanced Computing Center According to the information from the Wise Finance APP, FIH (02038) 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 server, aims to fundamentally transform 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 cooperation 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 ### Related Stocks - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [02038.HK](https://longbridge.com/en/quote/02038.HK.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [601138.CN](https://longbridge.com/en/quote/601138.CN.md) ## Related News & Research - [The world’s biggest tech companies are betting big on computers that control themselves | CNN Business](https://longbridge.com/en/news/288563970.md) - [What's Going On With Taiwan Semiconductor Stock Monday?](https://longbridge.com/en/news/288256902.md) - [Jensen Huang's comment on Marvell stock 'figurative, not literal': CJ Muse argues](https://longbridge.com/en/news/288467256.md) - [Why Intel Stock Just Dropped](https://longbridge.com/en/news/288300785.md) - [TSMC prioritizes energy efficiency as AI chip demand grows](https://longbridge.com/en/news/288468313.md)