TECH - Apple's Tech Ally Foxconn Is Making A Play For The AI Server Market With Nvidia: Ming-Chi Kuo | Benzinga
Apple Inc. (NASDAQ:AAPL) supplier Taiwan’s Hon Hai Precision Industry Co Ltd (OTC:HNHPF), operating as Foxconn, is looking to capitalize on the AI server market through a strategic partnership with Nvidia Corp. (NASDAQ:NVDA), according to a prominent analyst.
What Happened: Ming-Chi Kuo, an analyst at TF International Securities, on Thursday shared his insights on Nvidia’s AI server market strategy. Kuo noted that Foxconn, also known as Hon Hai, is expected to benefit from a closer partnership with Nvidia in the long run.
However, he pointed out that Nvidia has recently altered its GB200 development strategy, investing more in its system development and “reducing its dependance” on Hon Hai/Ingrasys’ GB200 development.
This shift may have led to an overly optimistic market view of Hon Hai/Ingrasys’ system development advantages, order visibility, and GPM in GB200.
“GB200” is a GPU that is tailored for ...