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By Wen-Yee Lee TAIPEI (Reuters) -Foxconn, the world's largest electronics maker and Nvidia's key AI server maker, said on Tuesday it will deploy humanoid robots at its Houston plant that produces AI servers for Nvidia. Reuters first reported in June that Foxconn and Nvidia were in talks to use humanoid robots at the Houston factory, targeting the first quarter of 2026. "The factory will also be among the first to deploy humanoid robots powered by the NVIDIA Isaac GR00T N model on its production lines, as Foxconn and Nvidia aim to build a world-leading benchmark AI smart factory," the company said in a statement released during Nvidia’s developers' conference in Washington, D.C. Foxconn, formally known as Hon Hai Precision Industry Co, said it will also continue scaling up AI server production in Texas, Wisconsin and California to meet rising demand. “Our team is bringing the most advanced AI data center solutions to the United States, which will help our leading customers stay ahead in the AI race,” Foxconn Chairman Young Liu said in the release. (Reporting by Wen-Yee Lee; Editing by Sonali Paul)

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GYEONGJU, South Korea (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new artificial intelligence data centres in the Asian country, South Korea's presidential office said on Wednesday. (Reporting by Heejin Kim; Editing by Himani Sarkar)

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GYEONGJU, South Korea (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new artificial intelligence data centres in the Asian country, South Korea's presidential office said on Wednesday. (Reporting by Heejin Kim; Editing by Himani Sarkar)

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By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL (Reuters) -South Korea's SK Hynix has sold out all its chip production for next year and plans to sharply boost investments, expecting an extended chip "super cycle" spurred by the AI boom, it said on Wednesday after reporting a record quarterly profit. The company, which supplies artificial intelligence chip leader Nvidia, said supply growth for memory chips is likely to be limited just as demand is surging, with customers vying to expand investments in AI data centre infrastructure. SK Hynix shares rose as much as 6% after the record profit, outpacing a 1.5% rise in the benchmark KOSPI. A growing number of customers are scrambling to lock in supplies in response to a chip shortage, placing orders for next year in advance and pushing for long-term contracts, the company said. At the same time, a shift in production to high-bandwidth memory (HBM) has strained output of conventional memory, such as DRAM, and "total output will inevitably remain limited," said Kim Kyu-hyun, SK Hynix's head of DRAM marketing. "This structural constraint on DRAM supply is expected to support the current prolonged memory supercycle, as supply growth lags behind accelerating demand," he said. SK Hynix reported an 11.4 trillion won ($8.02 billion) operating profit for the July-September period, up 62% from a year earlier and in line with a forecast by LSEG SmartEstimate. Quarterly revenue rose 39% in the third quarter to 24.4 trillion won. DEMAND GROWTH OUTSTRIPS SUPPLY SK Hynix has already secured full customer demand for its entire DRAM and NAND production for next year and plans to start shipping the next-generation HBM4 chips in the fourth quarter of this year. The chip maker expects DRAM shipments to grow by more than 20% year-on-year in 2026. "DRAM inventories have dropped to extremely low levels, and for DDR5 products, newly produced chips must be shipped to customers immediately to meet demand," said Kim. While thriving on a strong market for conventional memory, the company wants to maintain its edge in advanced AI chips supplied to Nvidia, in the face of mounting competition from rivals such as Samsung Electronics and Micron. SK Hynix said it had completed discussions with key customers regarding HBM supply for 2026, and plans a full-scale sales expansion of HBM4 products next year. As confidence grows in the earnings potential of the AI market, global AI companies are ramping up their investment spending, Kim said, driving rapid growth in demand for a wide range of memory products including HBM, DDR5, and enterprise SSDs. To meet this demand, a rise in capital expenditure across the memory industry is inevitable, and SK Hynix said it expects its own spending to grow substantially from this year’s level, without specifying a figure. Buoyed by its advantage in advanced chips, SK Hynix's shares have surged 200% so far this year, outpacing an 87% gain in Samsung's shares and a 67% gain in the benchmark KOSPI. ($1 = 1,421.4800 won) (Reporting by Heekyong Yang, Hyunjoo Jin and Joyce Lee; Editing by Jamie Freed and Sonali Paul)

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GYEONGJU, South Korea (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new artificial intelligence data centres in the Asian country, South Korea's presidential office said on Wednesday.  The announcement was made during AWS chief executive officer Matt Garman's meeting with South Korean President Lee Jae Myung on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, Lee's office said in a statement.  Amazon is one of seven global firms whose executives attended the group meeting with Lee in Gyeongju, South Korea, and pledged a total of $9 billion in investments for the next five years, the presidential office said.  Amazon's investment will accelerate the growth of an ecosystem for the AI industry in South Korea, as the country aims to become one of the world's top three AI leaders, Lee said at the meeting with Garman.  "At AWS, we've invested and committed to investment of an additional $40 billion across 14 non-U.S. APEC countries and economies between now and 2028," Garman said. "And, that $40 billion actually drives an additional $45 billion in U.S. GDP and downstream benefit, benefiting all of the APEC economy," he said at a business event on the sidelines of the summit. AWS unveiled in June a $5 billion investment plan in South Korea with local conglomerate SK Group for building the country's biggest data centre. It has also announced investments in other countries including Japan, Australia and Singapore. (Reporting by Heejin Kim and Jihoon Lee; Editing by Himani Sarkar)

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GYEONGJU, South Korea (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new artificial intelligence data centres in the Asian country, South Korea's presidential office said on Wednesday.  The announcement was made during AWS chief executive officer Matt Garman's meeting with South Korean President Lee Jae Myung on the sidelines of the Asia-Pacific Economic Cooperation summit, Lee's office said in a statement. Amazon is one of seven global firms whose executives attended the group meeting with Lee in Gyeongju, South Korea, and pledged a total of $9 billion in investments for the next five years, the Korean presidential office said. Amazon's investment will accelerate the growth of an ecosystem for the AI industry in South Korea, as the country aims to become one of the world's top three AI leaders, Lee said at the meeting with Garman. AWS unveiled in June a $5 billion investment plan in South Korea with local conglomerate SK Group for building the country's biggest data centre. (Reporting by Heejin Kim; Editing by Himani Sarkar)

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By Milana Vinn NEW YORK (Reuters) -Private equity firm Francisco Partners is close to a deal to buy device management software provider Jamf, two people familiar with the matter said, taking the company private a little more than five years after its market debut. Vista Equity Partners, which owns 34% of Jamf, is expected to exit its position as part of the transaction, the sources said, asking not to be identified since the deal is confidential. The deal is expected to receive final approval on Tuesday and could be announced as early as Wednesday, one of the sources added. Jamf, Francisco Partners and Vista Equity did not immediately respond to requests for comment. The sources did not give details on the terms of the deal. Jamf had a market capitalization of approximately $1.5 billion as of Tuesday's close. Reuters first reported in September that the company was exploring a sale. Vista Equity acquired majority ownership of Jamf in 2017. It exited part of its position with the company's initial public offering and has completed three secondary stock sales and one private block sale, generating close to $1.3 billion in gross proceeds, according to public filings. The deal would end a tough run for Jamf shareholders. The company's stock has plunged 65% since its July 2020 IPO and is down roughly 32% over the past 12 months. Minneapolis-based Jamf provides device management and security solutions that enable IT teams to remotely manage Apple devices including MacBooks, iPads, and iPhones at scale. Despite posting 15% year-over-year revenue growth to $175.5 million in the second quarter and raising guidance for the year, Jamf has struggled to achieve profitability.  (Reporting by Milana Vinn in New York; Editing by Dawn Kopecki and Edmund Klamann)

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GYEONGJU, South Korea (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new artificial intelligence data centres in the Asian country, South Korea's presidential office said on Wednesday. (Reporting by Heejin Kim; Editing by Himani Sarkar)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

By Milana Vinn NEW YORK (Reuters) -Private equity firm Francisco Partners is close to a deal to buy device management software provider Jamf, two people familiar with the matter said, taking the company private a little more than five years after its market debut. Vista Equity Partners, which owns 34% of Jamf, is expected to exit its position as part of the transaction, the sources said, asking not to be identified since the deal is confidential. The deal is expected to receive final approval on Tuesday and could be announced as early as Wednesday, one of the sources added. Jamf, Francisco Partners and Vista Equity did not immediately respond to requests for comment. The sources did not give details on the terms of the deal. Jamf had a market capitalization of approximately $1.5 billion as of Tuesday's close. The deal would end a tough run for Jamf shareholders. The company's stock has plunged 65% since its July 2020 IPO and is down roughly 32% over the past 12 months. Minneapolis-based Jamf provides device management and security solutions that enable IT teams to remotely manage Apple devices including MacBooks, iPads, and iPhones at scale. Despite posting 15% year-over-year revenue growth to $175.5 million in the second quarter and raising guidance for the year, Jamf has struggled to achieve profitability.  (Reporting by Milana Vinn in New York; Editing by Dawn Kopecki and Edmund Klamann)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

By Wen-Yee Lee TAIPEI (Reuters) -Foxconn, the world's largest electronics maker and Nvidia's key AI server maker, said on Tuesday it will deploy humanoid robots at its Houston plant that produces AI servers for Nvidia. Reuters first reported in June that Foxconn and Nvidia were in talks to use humanoid robots at the Houston factory, targeting the first quarter of 2026. "The factory will also be among the first to deploy humanoid robots powered by the NVIDIA Isaac GR00T N model on its production lines, as Foxconn and Nvidia aim to build a world-leading benchmark AI smart factory," the company said in a statement released during Nvidia’s developers' conference in Washington, D.C. Foxconn, formally known as Hon Hai Precision Industry Co, said it will also continue scaling up AI server production in Texas, Wisconsin and California to meet rising demand. “Our team is bringing the most advanced AI data center solutions to the United States, which will help our leading customers stay ahead in the AI race,” Foxconn Chairman Young Liu said in the release. (Reporting by Wen-Yee Lee; Editing by Sonali Paul)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)