Foxconn chairman says collaboration with Softbank in Ohio is part of Stargate project

Foxconn said on Monday it plans to manufacture data centre equipment with Japan’s SoftBank at the Taiwanese firm’s former electric vehicle factory in Ohio, part of the Stargate project to advance U.S. artificial intelligence infrastructure.

Softbank has purchased the Lordstown site, Foxconn Chairman Young Liu told reporters, adding that Foxconn will continue operating the site via a venture the two companies will set up. Foxconn said earlier this month it had struck a deal to sell the factory and its machinery for $375 million, without naming the…