SoftBank sets up US$3bn Ohio plant for OpenAI’s modular AI infrastructure

SoftBank Group plans to invest up to US$3 billion to turn a former electric-vehicle plant in Lordstown, Ohio, into a manufacturing hub for OpenAI’s modular AI data-center hardware. The Information reports the site is expected to enter production in the first quarter of 2026, as part of a wider White House–backed investment framework announced in January 2025 that includes SoftBank’s US$18 billion commitment.

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Foxtron rolls out new versions of a trio of EV models in push for global clients

Foxtron Vehicle Technologies, the electric-vehicle subsidiary of Foxconn, used the company’s annual Hon Hai Tech Day (HHTD 25) on November 21, 2025, to underscore its expanding ambitions in the EV sector. The company unveiled upgraded versions of its three core models—the Model D, Model U, and Model T—highlighting advances in product maturity, intelligent systems, and vehicle safety. The refreshed lineup is also designed to support Foxtron’s CDMS business model, which offers brand customers a broader range of customizable options.

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Audix expands AI testing capacity as rare earth controls hit VCM shipments

Electronics components distributor Audix saw its manufacturing division revenue drop 13% year-on-year in the first three quarters of 2025. Its share of voice coil motor (VCM) products is also declining, affected by weak end-market demand and China’s rare earth export controls. Audix stated that it has switched production lines to non-rare-earth magnets to reduce geopolitical impact and is simultaneously expanding AI server testing capacity, with revenue contributions expected to emerge gradually.

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Marvell plans to expand India workforce amid AI-driven growth

US semiconductor company Marvell Technology has announced plans to significantly increase its workforce and research spending in India, aiming to meet the surging global demand for AI infrastructure. Navin Bishnoi, Marvell’s India head, told Reuters the company intends to grow its 1,700-strong Indian team by 15% annually over the next three years, though details of the expanded R&D budget were not disclosed.

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Lenovo seals DRAM and NAND pacts to stay ahead of 2026 price surge

Lenovo expects memory costs to stay high in 2026, but unlike many PC and smartphone makers, it says long-term supply is already secured. CEO Yang Yuanqing confirmed that Lenovo has signed “optimal agreements” with major component suppliers to ensure stable supply and competitive pricing through a year he anticipates will face continued DRAM and NAND shortages.

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GMI Cloud plans AI factory in northern Taiwan amid grid challenges

US data center startup GMI Cloud recently announced plans to build an AI factory in Taoyuan, northern Taiwan, with a projected scale exceeding the current 5MW limit set by the state-run Taiwan Power Company (Taipower). Declining to comment on individual cases, Taiwpower emphasized the challenges of power infrastructure development in northern Taiwan, suggesting data centers consuming over 5MW prioritize locations in central and southern regions rich in renewable energy.

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