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The Latest Breaking News from Foxconn

'This Is Fake News': Elon Musk Kills Viral $52 Billion SpaceX-Foxconn AI Deal Story

Elon Musk refuted a viral claim that SpaceX ordered $52 billion worth of AI servers from Foxconn, highlighting the rapid spread of unverified information on social media.

International Business Times UK

Elon Musk Denies $52B SpaceX AI Server Deal; Dell and SMCI Stocks Rise

Elon Musk has publicly denied a report that SpaceX placed a $52 billion AI server order with Foxconn, easing pressure on Dell and Super Micro shares after sharp recent declines.

International Business Times UK

Global Market: Foxconn Q2 revenue jumps nearly 40% on AI demand, beats estimates

Foxconn reported a better-than-expected 39.8% year-on-year jump in second-quarter revenue, driven by strong demand for AI servers and cloud networking products. The world's largest contract electronics manufacturer also posted record June revenue and expects further growth in the third quarter despite macroeconomic uncertainties.

The Economic Times

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Foxconn second-quarter revenue jumps, company cautions on geopolitics

Revenue for Nvidia's biggest ‌server maker ⁠and Apple's ⁠top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn said in a statement on Sunday.

The Economic Times

Forget the dull iPhone 18 Pro leak — hackers took 181 files from Apple's India assembly partner, and we should brace for more

Apple's iPhone 18 leak troubles may be far from over if hackers find more leakable files in the big Tata data breach.

TechRadar

Foxconn subsidiary acquires shares in India unit for $37.2 million

Foxconn has been ramping up its presence in India significantly driven by demand from Apple but also its own '3+3+3 strategy' which looks to integrate three emerging industries, three core technologies, and three smart platforms to ensure long-term, sustainable growth for the Taiwanese contract manufacturer.

The Economic Times

Tata Electronics confirm data breach, with hackers claiming 200,000 Apple, Tesla files stolen

World Leaks shared a large database allegedly stolen from Tata Electronics, containing sensitive Apple and Tesla files.

TechRadar

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From Foxconn to Nvidia: Why France is so attractive for Europe’s AI infrastructure

Foxconn, Nvidia and Mistral AI announce major AI infrastructure deals at Europe's VivaTech conference, with France's cheap nuclear energy and homegrown talent drawing global investment.

Euronews

Hon Hai Technology Group (Foxconn) Accelerates Global Leadership In AI Factories, Infrastructure At Europe's VivaTech

TAIPEI and PARIS, June 17, 2026 /PRNewswire/ -- Hon Hai Technology Group (Foxconn) (TWSE:2317), the world's largest artificial intelligence server provider, accelerated its global leadership in AI factories and sovereign AI infrastructure by showcasing at VivaTech its end-to-end integration capabilities that also stand up the world's most state-of-the-art, rack-scale AI…

AAP

Poland teams up with Foxconn to build EVs: PM Tusk

Poland's government will partner with Taiwan's Foxconn to build electric cars. The venture aims to produce 400,000 electric SUVs each year. These vehicles will be sold exclusively in Europe. The Polish government is investing significantly in this project. Foxconn will also establish a semiconductor plant in Poland. This move aims…

The Economic Times

Intel Just Landed a Major Foxconn AI Win. INTC Stock Needs Proof, Not Hope, to Climb Further.

While Intel is becoming more relevant in the AI ecosystem, its lofty valuation suggests future growth must deliver on the market’s high hopes

Barchart

Intel CEO unveils AI innovations and partnerships at mega tech event in Taiwan

Intel unveiled new AI-focused technologies, strategic collaborations, and next-generation processors at Computex 2026. The company announced a Rack Scale AI infrastructure platform combining Xeon processors with SambaNova's units, alongside partnerships for industry-specific AI solutions and the launch of its Xeon 6+ processors. These advancements aim to strengthen Intel's AI presence…

The Economic Times

From AI robot baristas to military drones: The weird and wonderful tech at Computex 2026

Euronews Next spotlights the most innovative and intriguing tech at the conference in Taiwan.

Euronews

The Company That Builds The iPhone Just Unveiled A Tesla Model Y Competitor

It’s no Apple Car, but Foxconn’s Cavira gets an LFP battery and a dual-motor powertrain that can deliver up to 468 horsepower.

InsideEVs

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MarketBeat

Intel Bets on 18A, Xeon 6+ and AI Partnerships in COMPUTEX Comeback Pitch

Intel (NASDAQ:INTC) used its COMPUTEX 2026 keynote to outline a broad push across PCs, edge computing, data centers, custom silicon and AI infrastructure, with Chief Executive Lip-Bu Tan emphasizing execution, engineering focus and partnerships across the technology ecosystem. Tan, who said he has

The Economic Times

Foxconn has immense confidence in growth momentum due to AI, chairman says

Taiwan's Foxconn sees strong growth driven by AI demand. Chairman Young Liu is optimistic about the second half of the year. Cloud providers' massive AI investments are fueling this confidence. Foxconn, a key supplier for Nvidia and Apple, reported a profit rise. The company expects its capital expenditure to grow…

AAP

Hon Hai Technology Group (Foxconn) Kathy Yang Honored Among Fortune's Most Powerful Women In Business 2026

TAIPEI, May 28, 2026 /PRNewswire/ -- Honoring women leaders who are shaping the global business landscape today, as well as those poised for even greater influence, Kathy Yang, Chief Campus Operation Officer and Head of AI Software Business, at Hon Hai Technology Group (Foxconn) (TWSE:2317) has been recognized in Fortune's…

The Economic Times

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough

Despite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, facilitated by President Trump, aims to resolve this deadlock, highlighting the complex US-China tech rivalry impacting even approved trade.

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The Economic Times

Who is Nitrogen group, what does Foxconn do and what data was hacked? Ransomware hackers claim breach at Foxconn

Who is Nitrogen group, what does Foxconn do and what data was hacked? Foxconn confirmed a cyberattack that affected some North American factories. The ransomware group Nitrogen claimed the breach and said it stole more than 11 million files and eight terabytes of data. The files may include customer information,…

The Economic Times

Foxconn logs quarterly net profit jump on AI demand

Taiwanese tech giant Foxconn saw a 19% profit increase. Artificial intelligence server demand is fueling this growth. The company expects strong AI server demand to continue. Foxconn factories in North America experienced a cyberattack but are resuming normal production. Geopolitical issues are not impacting the company's outlook.

Euronews

These are tech titans in Beijing with Trump and what they want from China

A handful of US tech titans are joining President Donald Trump in Beijing for the summit with Xi Jinping. Here’s a look at the ties that each tech company has in China.

TechRadar

Foxconn confirms cyberattack hit some North American factories — hackers say they stole 8TB of data, including Apple and Nvidia files

Ransomware operators Nitrogen claimed the breach, saying they stole valuable technical information.

The Economic Times

Foxconn confirms cyberattack on North American facilities; Operations now resuming gradually

Foxconn, a major manufacturer, has confirmed a cyberattack on its North American plants. The Nitrogen ransomware group claims to have stolen vast amounts of data. Production lines experienced disruptions but are now returning to normal. The breach may have exposed sensitive information of major clients like Apple and Google.

Tom’s Hardware

Nvidia's exposure to Asian supply chains for components hits 90% of its production costs — marked increase from 65% could intensify as physical AI adds even more exposure

Asian suppliers now represent roughly 90% of Nvidia's production costs, up from about 65% a year earlier, according to data compiled by Bloomberg.

Fortune

John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches

Ternus must navigate a protectionist Washington, a prickly Beijing and a Chinese consumer less interested in foreign brands.

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