Foxconn hopes to own 50% of the global AI server market within a couple years

Taiwanese electronics giant Hon Hai Technology Group , or Foxconn, is looking to expand its artificial intelligence server market share and boost manufacturing in the United States, as demand for AI infrastructure shows little sign of slowing, Chairman Young Liu told CNBC. In an interview with CNBC's Christine Tan, Liu said Foxconn's share of the global AI server market could reach 50% in a couple of years, potentially rising to around 45% next year. "I think we can grow up to 50 percent," Liu said, referring to Foxconn's share of the global AI server market, which currently stands at around 40%.