Foxconn Secures Approval to Invest Additional $569 Million in Wisconsin

Foxconn 2317 1.76%increase; green up pointing triangle Technology has secured approval to invest an additional $569 million in Wisconsin to build artificial-intelligence infrastructure, amid surging demand for AI servers from U.S. customers.

The Wisconsin Economic Development Corporation gave the greenlight for Foxconn to expand its operations in Racine County, the company said on Wednesday.