Foxconn is moving forward with its investment of $900 million into an AI server assembly plant in El Salto, Mexico, despite potential complications arising from U.S. President Trump's tariffs on imports. Governor Pablo Lemus Navarro indicated that other companies are also committed to investing in Mexico regardless of these tariffs. The new facility, expected to be the largest of its kind globally, aims to expand Foxconn's server production capabilities in the region, aided by fiscal incentives from the local government to support the project.
Foxconn plans to construct a $900 million AI server assembly plant in Mexico, leveraging Nvidia's GB200 chips, unfazed by Trump's import tariffs.
Jalisco’s Governor Pablo Lemus Navarro emphasized that investments in Mexico remain robust despite U.S. tariffs, indicating a strong ongoing commitment from companies like Foxconn.
The state government of Jalisco is expected to offer fiscal incentives to facilitate Foxconn’s project, ensuring continued investment in the region.
Construction on Foxconn's new assembly plant is projected to be completed within a year, with operations expected to begin in late 2025 or early 2026.
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