India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes Apple iPhones, and told them to re-examine the matter,
A cloud infrastructure company that works with Nvidia bought six buildings in Sunnyvale. Foxconn said its subsidiary, Ingrasys Technology USA, purchased the properties for an estimated $128 million.
Foxconn's earnings release comes just a week after Microsoft announced that it expects to spend $80 billion on AI data center infrastructure in its FY 2025. This was huge news for investors, as it confirms that Silicon Valley's AI arms race is not winding down any time soon.
Ingrasys Technology USA has bought six buildings across 26.3 acres in Sunnyvale for an estimated $128 million. The cloud infrastructure unit of Taiwan-based Foxconn purchased 313,700 square feet of flex offices at 1230, 1240, 1250, 1260, 1270 and 1280 East Arques Avenue, the Silicon Valley Business Journal reported.
Nvidia (NASDAQ: NVDA) briefly take the title of the largest company in the world, as measured by market capitalization, before seeding the position back to Apple. Microsoft was also a contender, holding the top spot for some time,
Nvidia has said Blackwell demand will likely drive revenues beyond the group's estimate of "several billion dollars" this quarter.
Buoyed by their impressive performance, the companies are busy expanding into new products and places. Contract manufacturers have also been expanding into new industries. In October Foxconn unveiled two new electric-vehicle designs,
NVIDIA Corporation (NASDAQ:NVDA) is planning to set up its Asian headquarters in Taipei, Taiwan, according to the Central News Agency. The tech giant will reportedly hire over 2,500 staff as part of the move,
Jensen Huang, the founder and CEO of Nvidia, is visiting Taiwan for the company's year-end celebration. Industry sources indicate that Huang routinely meets with key supply chain partners, including Quanta,
Nvidia CEO Jensen Huang wrapped up a fast-paced 55-hour visit to Taiwan, which included engagements with top industry leaders and visits to key manufacturing sites, underscoring the island's role in the global artificial intelligence (AI) and semiconductor industries.
SUNNYVALE — A tech company with ties to Nvidia and Apple has paid well over $100 million to buy a large Sunnyvale office and research campus. Ingrasys Technology USA purchased the campus near the corner of East Arques Avenue and Oakmead Parkway for $128 million, according to documents filed on Thursday with the Santa Clara County Recorder’s Office.
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