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Foxconn set to gain from US$400b data center expansion in US by big names

Tech giants OpenAI, Oracle, and SoftBank on September 23 have announced a US$400 billion plan to build five new artificial intelligence data centers across the US, a massive infrastructure blitz under the “Stargate” initiative designed to add 7GW of computing power over the next three years and Foxconn Technology Group, a key server supplier for Oracle, stands to be a major winner in the deal, according to some market observers.