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SoftBank Buys Foxconn’s Ohio Plant to Boost Stargate AI Push
SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed at kick-starting the Japanese company’s $500 billion Stargate data center project with OpenAI and Oracle Corp.
SoftBank Buys Foxconn's Ohio Plant to Advance Stargate AI Push, Bloomberg News Reports
SoftBank, which has struggled to create a financial plan for Stargate, approached Foxconn to get the Apple supplier on board with its plan to build data centers and related infrastructure throughout the U.S., which led to the sale of the plant, the report said, citing people familiar with the matter.
Foxconn apparently sold its Lordstown, OH, EV factory to a company created just weeks before, while claiming it will maintain ...
Foxconn was supposed to produce a variety of EVs under contract at the Ohio facility, but it has now sold the plant to a ...
Foxconn has sold its Lordstown EV plant in Ohio, USA, after failing to secure meaningful EV production. The facility could be ...
Taiwan's Foxconn said on Monday it had struck a deal to sell a former car factory at Lordstown, Ohio, for $375 million, ...
Foxconn announced this week it has sold the 6.2 million square feet plant to a newly formed company out of Delaware.
Asianet Newsable on MSN1d
Jim Cramer Says SoftBank’s Acquisition Of Foxconn’s Ohio Plant, Meta’s $29 Billion Pimco Deal Will Boost Data Center StoryMeta has reportedly chosen Pacific Investment Management and Blue Owl Capital to lead a $29 billion financing round for its ...
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