Foxconn and Japan-based conglomerate Softbank will establish a joint data center equipment manufacturing facility in Lordstown, Ohio, Foxconn Chairman Young Liu announced Monday, according to a trans...

A new partner to Foxconn's AI venture in Lordstown, Japanese investment firm SoftBank, has also announced a $2 billion investment in semiconductor giant Intel.

SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while boosting its own chip ambitions.