Taiwan AI power supply giant Lite-On Technology has inked a US$350 million (NT$11.06B) contract for construction of its plant in McKinney, Texas, aimed at high-voltage DC power racks and AI infrastructure production, media report, adding the contract is part of a US$919 million plan approved by Lite-On’s board in April. Lite-On’s 2026 capex plan is now NT$18 billion, versus NT$7 billion last year. #Texas #AI #liteon
Source: Dan Nystedt
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