# Foxconn plans new OpenAI collaboration and forecasts double-digit growth for 2027

Digest AI · Hardware & Compute · published 2026-10-29T20:38:00Z · updated 2026-10-30T01:53:00Z

Canonical: https://digestai.news/story/foxconn-may-team-up-with-openai-on-new-ai-hardware-tie-up

## Summary

Foxconn chairman Young Liu announced a new partnership with OpenAI on October 30, 2026, at the company's Hon Hai Tech Day in Taipei. Liu met OpenAI CEO Sam Altman earlier that day but did not disclose the scope, timeline, or financial terms of the collaboration. This follows a November 2025 agreement where the two companies agreed to co-design and manufacture components for US AI data centers, which carried no financial obligations but gave OpenAI early hardware evaluation access and purchase options.

Liu also forecast double-digit growth for Foxconn in 2027, citing durable AI demand. The company currently holds 40% of the global AI server market and targets 45% share in 2027, with research suggesting it could reach 50% within a few years. Foxconn is the largest manufacturer of AI servers for Nvidia and operates six facilities in Houston, Texas, with plans to expand capacity. The 2025 deal focused on US data center hardware, making domestic manufacturing central to the partnership.

## Key points

- Foxconn chairman Young Liu announced new OpenAI collaboration at Hon Hai Tech Day on October 30, 2026
- Foxconn targets 45% global AI server market share by 2027, up from current 40%
- Company forecasts double-digit growth for 2027 and operates six manufacturing facilities in Houston, Texas

## Why it matters

Foxconn's market share targets and growth forecast signal continued AI infrastructure spending through 2027, while the OpenAI partnership deepens ties between the leading AI lab and the dominant AI server manufacturer.

## Sources

1. [Foxconn plans OpenAI collaboration, dismisses AI bubble fears](https://cryptobriefing.com/foxconn-openai-collaboration-ai-bubble) (cryptobriefing.com, 2026-10-30)
2. [Foxconn working on a new tie-up with OpenAI, says there is no AI bubble](https://wsau.com/2026/10/30/foxconn-working-on-a-new-tie-up-with-openai-says-there-is-no-ai-bubble) (wsau.com, 2026-10-29)

Part of the developing story: [Foxconn's AI Hardware Ambitions Unfold](https://digestai.news/thread/foxconn-aims-for-50-of-global-ai-server-market-in-a-couple-years) (2 stories)

## Cite

Digest AI, "Foxconn plans new OpenAI collaboration and forecasts double-digit growth for 2027", 29 October 2026, https://digestai.news/story/foxconn-may-team-up-with-openai-on-new-ai-hardware-tie-up

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