A cloud infrastructure company that works with Nvidia bought six buildings in Sunnyvale. Foxconn said its subsidiary, Ingrasys Technology USA, purchased the properties for an estimated $128 million.

Foxconn's earnings release comes just a week after Microsoft announced that it expects to spend $80 billion on AI data center infrastructure in its FY 2025. This was huge news for investors, as it confirms that Silicon Valley's AI arms race is not winding down any time soon.

Ingrasys Technology USA has bought six buildings across 26.3 acres in Sunnyvale for an estimated $128 million. The cloud infrastructure unit of Taiwan-based Foxconn purchased 313,700 square feet of flex offices at 1230, 1240, 1250, 1260, 1270 and 1280 East Arques Avenue, the Silicon Valley Business Journal reported.

Nvidia’s strong topline growth and AI infrastructure investment bode well. Read why NVDA stock presents a good investment opportunity for long-term growth.

Trade groups and consultants warn that trade wars spurred by Trump’s tariffs could slow global commerce and raise prices for consumers.

USA: Trump administration officials are considering tighter curbs on Nvidia chips sold to China, according to sources familiar with the matter. However, they noted that these talks are in the early stages, with officials still working through their policy priorities, Bloomberg reported.

India's IT minister has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to his government's efforts to build a localized AI model.

OpenAI's Stargate Project promises to build AI data centers and clean energy facilities across the U.S., creating 100,000 jobs. But will those promises be kept?

OpenAI, SoftBank, and Oracle have announced a new venture, Stargate, through which they aim to build a massive AI infrastructure network across the United States. The initiative, which was announced at the White House with President Donald Trump,

Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.

Will Trump scrap the incentives offered to foreign firms like TSMC under the CHIPS Act – while upping the pressure for Taiwan to invest in the United States?

India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes Apple iPhones, and told them to re-examine the matter,