As reported by CNA on October 16th, Market speculations rise as NVIDIA CEO Jensen Huang’s visit to Taiwan for Foxconn Technology Day draws attention. Industry sources suggest potential collaborations in server and electric vehicle sectors.
Jensen Huang is set to visit Taiwan for Foxconn Technology Day, continuing discussions about possible partnerships between the tech giants. Industry experts have noted that the collaboration between NVIDIA and Foxconn extends primarily into the server sector, but there may also be untapped collaboration opportunities in the electric vehicle domain.
The market has been abuzz with speculation about Jensen Huang’s visit, following his visit to Taiwan in May. It is anticipated that he will participate in Foxconn Technology Day scheduled for October 18. Foxconn, the world’s largest contract electronics manufacturer, has remained tight-lipped about Huang’s visit. Nevertheless, the NVIDIA CEO has already arrived in Taiwan and was seen enjoying the local night markets, happily taking photos with fans.
Regarding Jensen Huang’s visit and the possible partnership with Foxconn, Dr. Arisa Liu , Research Fellow and Director of the Industrial Economic Information Database at Taiwan Institute of Economic Research (TIER), pointed out that while the primary focus of the collaboration between NVIDIA and Foxconn lies in the server sector, Foxconn is aggressively expanding its electric vehicle (EV) ventures, creating space for potential cooperation between the two tech giants in the EV field.
Dr. Liu emphasized that the recent negative press regarding artificial intelligence (AI) has raised concerns about the future growth prospects of AI. Additionally, NVIDIA is currently under investigation by the European Union for antitrust issues. Thus, Huang’s visit will be closely observed to determine whether it can help bolster the momentum in the supply chain.
The partnership between Foxconn and NVIDIA dates back to several years, with Jensen Huang holding a private meeting with Foxconn Chairman Young Liu during his visit to Taiwan in May. Last year, Foxconn’s subsidiary, Industrial Internet (IIoT) company Foxconn Industrial Internet (FII), announced the adoption of NVIDIA’s Grace CPU system for high-performance data centers and edge computing applications. FII introduced server systems powered by NVIDIA’s Grace CPU superchip, catering to the growing demand for efficient data centers.
In January of this year, Foxconn and NVIDIA announced a strategic partnership to collaborate on automotive and autonomous driving platforms. As part of the agreement, Foxconn became NVIDIA’s first-tier manufacturer, responsible for producing electronic control units (ECUs) based on NVIDIA’s DRIVE Orin system-on-a-chip (SoC) design for the global automotive market.
The tech industry will be closely monitoring Jensen Huang’s visit to Taiwan and the Foxconn Technology Day event for further insights into the evolving collaborations and strategic directions between Foxconn and NVIDIA.
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(Image: NVIDIA)