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# Foxconn chairman says new OpenAI tie-up is in the works, Reuters reports

**[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments

## Summary

Foxconn is working on a new partnership with OpenAI, chairman Young Liu said in Taipei. Liu met OpenAI CEO Sam Altman the same day but gave no details, saying Foxconn will announce terms once finalized. The deal would build on a November 2025 collaboration to design AI data center racks, which included no purchase commitments from OpenAI. Liu also pushed back against AI bubble concerns and said Foxconn expects double-digit growth next year, with plans to expand its six Houston, Texas factories that make AI servers. Its cloud and networking division, which includes AI servers, made up 51% of revenue last quarter.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/foxconn-openai-new-tie-up-no-ai-bubble>

## Questions this post answers

### What did Foxconn and OpenAI previously agree to in their 2025 collaboration?

Foxconn and OpenAI announced a collaboration in November 2025 to design several generations of AI data center racks. Foxconn also planned to manufacture components in the US, including cables, cooling systems and power equipment. The deal included no purchase commitments from OpenAI, only early access to test the hardware and an option to buy it.

_Developers tracking AI infrastructure buildouts can follow supply chain shifts like this on daily.dev._

### How much of Foxconn's revenue comes from AI servers?

Foxconn's cloud and networking division, which includes AI servers, accounted for 51% of the company's revenue in the second quarter, crossing the halfway mark for the first time. The company makes AI servers for Nvidia at six factory buildings in Houston, Texas, which it plans to expand further.

_Anyone weighing AI hardware supply chain exposure can keep tabs on moves like this via daily.dev._

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---

Tags: [#openai](https://daily.dev/tags/openai), [#nvidia](https://daily.dev/tags/nvidia), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure)

[View this post on daily.dev](https://daily.dev/posts/foxconn-chairman-says-new-openai-tie-up-is-in-the-works-reuters-reports-yivjdgy31)

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