📰 SoftBank Acquires Foxconn’s Ohio Factory for $375 million to Power $500B Stargate AI Initiative
Ohio, USA — August 2025 SoftBank Group has officially acquired a manufacturing facility in Ohio from Taiwanese tech giant Foxconn, marking a strategic move to accelerate the development of AI data centre infrastructure under the ambitious Stargate initiative—a $500 billion joint venture unveiled by former U.S. President Donald Trump. 🔍 Transaction Overview Foxconn Chairman Young […]
Continue Reading