Hon Hai Precision Industry Ltd (HNHPF)

$HNHPF Buy

$HNHPF why this not reacting good to the news about building a data center project with Nvidia ?

$AAPL $HNHPF Foxconn among possible bidders for UTAC in $3B deal, Reuters reports Apple (AAPL) supplier Foxconn (HNHPF) is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about $3B, Reuters' Kane Wu reports. Wise Road Capital, UTAC's owner, has hired Jefferies to run a sale process and is expecting to field non-binding bids by end of this month, two people with knowledge of the matter say.

$AAPL $HNHPF Hon Hai Precision to invest $1.5B in India unit, Bloomberg reports The main producer of Apple (AAPL) iPhones, Hon Hai Precision Industry Co. (HNHPF), will invest $1.5B into its India unit as manufacturing transitions away from China, Bloomberg's Twinnie Siu reports, citing an exchange filing. Hon Hai, which is constructing new plants and adding production capacity in southern India, made the investment through its Singaporean subsidiary as Apple is seeking to import the majority of iPhones sold in the U.S. from India by the end of next year.

$NVDA $HNHPF $TSM Nvidia, Foxconn partner to build AI factory supercomputer in Taiwan Nvidia (NVDA) and Foxconn Hon Hai Technology Group (HNHPF) announced they are deepening their longstanding partnership and are working with the Taiwan government to build an AI factory supercomputer that will deliver Nvidia Blackwell infrastructure to researchers, startups and industries. Foxconn will provide the AI infrastructure through its subsidiary Big Innovation Company as an Nvidia Cloud Partner. Featuring 10,000 Nvidia Blackwell GPUs, the AI factory will significantly expand AI computing availability and fuel innovation for Taiwan researchers and enterprises. The Taiwan National Science and Technology Council will use the Big Innovation Company supercomputer to provide AI cloud computing resources to the Taiwan technology ecosystem, accelerating AI development and adoption across sectors. TSMC (TSM) researchers plan to leverage the system to advance its research and development with orders-of-magnitude faster performance, compared with previous-generation systems.

I found you an Overbought RSI (Relative Strength Index) on the daily chart of Hon Hai Precision Industry Co Ltd ADR. Is that bullish or bearish? $HNHPF #RsiOverbought #PINK

$SMCI Interesting that Foxconn's ADR is up slightly today: $HNHPF. (Don't own or plan to own it.)

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$AMKR $HNHPF $NVDA $SPIL $TSM

$NVDA $TSM $AMKR $HNHPF $SPIL Nvidia to manufacture American-made AI supercomputers in U.S. for first time Nvidia (NVDA) is working with its manufacturing partners to design and build factories that, for the first time, will produce Nvidia AI supercomputers entirely in the U.S. Together with its manufacturing partners, the company has commissioned more than a million square feet of manufacturing space to build and test Nvidia Blackwell chips in Arizona and AI supercomputers in Texas. Nvidia Blackwell chips have started production at TSMC's (TSM) chip plants in Phoenix, Arizona. Nvidia is building supercomputer manufacturing plants in Texas, with Foxconn (HNHPF) in Houston and with Wistron in Dallas. Mass production at both plants is expected to ramp up in the next 12-15 months. The AI chip and supercomputer supply chain is complex and demands the most advanced manufacturing, packaging, assembly and test technologies. Nvidia is partnering with Amkor (AMKR) and Siliconware Precision (SPIL) for packaging and testing operations in Arizona. Within the next four years, Nvidia plans to produce up to half a trillion dollars of AI infrastructure in the United States through partnerships with TSMC, Foxconn, Wistron, Amkor and SPIL. The company will utilize its "advanced AI, robotics and digital twin technologies to design and operate the facilities, including Nvidia Omniverse to create digital twins of factories and NVIDIA Isaac GR00T to build robots to automate manufacturing," Nvidia said.