Nvidia Stock Dips as Foxconfirms $1.4B AI Data Center Timeline
Nvidia shares declined Friday after Foxconn confirmed delivery timelines for a $1.4 billion supercomputing cluster. The 27-megawatt facility, powered by Nvidia's Blackwell Ultra GPUs and Grace CPUs, represents Taiwan's push into advanced AI infrastructure.
Foxconn's expansion beyond electronics manufacturing into AI data centers mirrors industry trends. The project highlights growing demand for high-performance computing to support chip optimization and AI development.