In a rare interview, Foxconn execs reveal how their Houston projects with Apple and Nvidia will serve as a "training camp" for the next generation of America's AI workforce.

Taiwan's Foxconn , which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the AI-boom to diversify its income.

We're leaving mobile behind to enter the AI era. Nothing sums that up more than Foxconn's shifting priorities and evolving relationship with Apple.

An unusual transaction belies a continuance of international efforts in U.S. production – now instead of EVs, the facility will turn out AI servers.

Foxconn on Thursday forecast a significant rise in third-quarter revenue as the world's biggest iPhone maker said it had for the first time made more money from its AI server business than from smart electronics last quarter.

Foxconn's earnings show a shift from consumer electronics to AI servers, impacting ETFs. Apple's decline, Taiwan's role in AI production and niche ETFs are affected.

Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what’s in the running to be the first manufacturing site in the Japanese company’s $500 billion Stargate venture with OpenAI and Oracle Corp.

Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers.

The Taiwanese company plans to work with partners to convert the factory into a plant making cloud computing hardware for AI applications.

Foxconn, owned by Hon Hai Precision Industry (OTC: HNHPF), the prominent supplier for Apple Inc. (NASDAQ: AAPL), has seen its AI server division overtake iPhone assembly as its primary business.