Latest news with #AIservers
CTV News
5 hours ago
- Business
- CTV News
Nvidia, Foxconn in talks to deploy humanoid robots at Houston AI server making plant
TAIPEI — Taiwan's Foxconn and U.S. artificial intelligence chips maker Nvidia are in talks to deploy humanoid robots at a new Foxconn factory in Houston that will produce Nvidia AI servers, two sources familiar with the matter said. This would be the first time that an Nvidia product will be made with the assistance of humanoid robots and would be Foxconn's first AI server factory to use them on a production line, the sources said. A deployment, expected to be finalized in the coming months, would mark a milestone in the adoption of the human-like robots that promises to transform manufacturing processes. Foxconn is developing its own humanoid robots with Nvidia and has also trialed humanoids made by China's UBTech. The sources said it was not clear what type of humanoid robots are being planned for use in the Houston factory, what they will look like or how many will be deployed initially. They said the two companies are aiming to have the humanoid robots at work by the first quarter of next year when Foxconn's new Houston factory will begin production of Nvidia's GB300 AI servers. And while it was not clear what exactly the robots will be doing at the factory, Foxconn has been training them to pick and place objects, insert cables and do assembly work, according to a company presentation in May. Foxconn's Houston factory was ideally suited to deploy humanoid robots because it will be new and have more space than other existing AI server manufacturing sites, one of the sources said. Nvidia and Foxconn declined to comment. The sources did not wish to be identified as they are not authorized to speak to the media. Leo Guo, general manager of the robotics business unit at Foxconn Industrial Internet, a subsidiary of Foxconn that is in charge of the group's AI server business, said last month at an industry event in Taipei that Foxconn plans to showcase at the company's annual technology event in November two versions of humanoid robots that it has developed. One of those will be with legs and the other will use a wheeled autonomous mobile robot (AMR) base, which would cost less than the version with legs, he said, without disclosing details. Nvidia announced in April that it planned to build AI supercomputer manufacturing factories in Texas, partnering with Foxconn in Houston and Wistron in Dallas. Both sites are expected to ramp up production within 12 to 15 months. For Nvidia, using humanoid robots in the manufacturing of its AI servers represents a further push into the technology as it already supplies humanoid makers with a platform they can use to build such robots. Nvidia CEO Jensen Huang predicted in March that their wide use in manufacturing facilities was less than five years away. Automakers such as Germany's Mercedes-Benz and BMW have tested the use of humanoids on production lines, while Tesla TSLA.O is developing its own. China has also thrown its weight behind humanoids, betting that many factory tasks will eventually be performed by such robots. (Reporting by Wen-Yee Lee; Editing by Brenda Goh and Muralikumar Anantharaman)
Yahoo
7 hours ago
- Business
- Yahoo
Exclusive-Nvidia, Foxconn in talks to deploy humanoid robots at Houston AI server making plant
By Wen-Yee Lee TAIPEI (Reuters) -Taiwan's Foxconn and U.S. artificial intelligence chips maker Nvidia are in talks to deploy humanoid robots at a new Foxconn factory in Houston that will produce Nvidia AI servers, two sources familiar with the matter said. This would be the first time that an Nvidia product will be made with the assistance of humanoid robots and would be Foxconn's first AI server factory to use them on a production line, the sources said. A deployment, expected to be finalised in the coming months, would mark a milestone in the adoption of the human-like robots that promises to transform manufacturing processes. Foxconn is developing its own humanoid robots with Nvidia and has also trialed humanoids made by China's UBTech. The sources said it was not clear what type of humanoid robots are being planned for use in the Houston factory, what they will look like or how many will be deployed initially. They said the two companies are aiming to have the humanoid robots at work by the first quarter of next year when Foxconn's new Houston factory will begin production of Nvidia's GB300 AI servers. And while it was not clear what exactly the robots will be doing at the factory, Foxconn has been training them to pick and place objects, insert cables and do assembly work, according to a company presentation in May. Foxconn's Houston factory was ideally suited to deploy humanoid robots because it will be new and have more space than other existing AI server manufacturing sites, one of the sources said. Nvidia and Foxconn declined to comment. The sources did not wish to be identified as they are not authorised to speak to the media. Leo Guo, general manager of the robotics business unit at Foxconn Industrial Internet, a subsidiary of Foxconn that is in charge of the group's AI server business, said last month at an industry event in Taipei that Foxconn plans to showcase at the company's annual technology event in November two versions of humanoid robots that it has developed. One of those will be with legs and the other will use a wheeled autonomous mobile robot (AMR) base, which would cost less than the version with legs, he said, without disclosing details. Nvidia announced in April that it planned to build AI supercomputer manufacturing factories in Texas, partnering with Foxconn in Houston and Wistron in Dallas. Both sites are expected to ramp up production within 12 to 15 months. For Nvidia, using humanoid robots in the manufacturing of its AI servers represents a further push into the technology as it already supplies humanoid makers with a platform they can use to build such robots. Nvidia CEO Jensen Huang predicted in March that their wide use in manufacturing facilities was less than five years away. Automakers such as Germany's Mercedes-Benz and BMW have tested the use of humanoids on production lines, while Tesla is developing its own. China has also thrown its weight behind humanoids, betting that many factory tasks will eventually be performed by such robots. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
7 hours ago
- Business
- Reuters
Exclusive: Nvidia, Foxconn in talks to deploy humanoid robots at Houston AI server making plant
TAIPEI, June 20 (Reuters) - Taiwan's Foxconn ( opens new tab and U.S. artificial intelligence chips maker Nvidia (NVDA.O), opens new tab are in talks to deploy humanoid robots at a new Foxconn factory in Houston that will produce Nvidia AI servers, two sources familiar with the matter said. This would be the first time that an Nvidia product will be made with the assistance of humanoid robots and would be Foxconn's first AI server factory to use them on a production line, the sources said. A deployment, expected to be finalised in the coming months, would mark a milestone in the adoption of the human-like robots that promises to transform manufacturing processes. Foxconn is developing its own humanoid robots with Nvidia and has also trialed humanoids made by China's UBTech ( opens new tab. The sources said it was not clear what type of humanoid robots are being planned for use in the Houston factory, what they will look like or how many will be deployed initially. They said the two companies are aiming to have the humanoid robots at work by the first quarter of next year when Foxconn's new Houston factory will begin production of Nvidia's GB300 AI servers. And while it was not clear what exactly the robots will be doing at the factory, Foxconn has been training them to pick and place objects, insert cables and do assembly work, according to a company presentation in May. Foxconn's Houston factory was ideally suited to deploy humanoid robots because it will be new and have more space than other existing AI server manufacturing sites, one of the sources said. Nvidia and Foxconn declined to comment. The sources did not wish to be identified as they are not authorised to speak to the media. Leo Guo, general manager of the robotics business unit at Foxconn Industrial Internet ( opens new tab, a subsidiary of Foxconn that is in charge of the group's AI server business, said last month at an industry event in Taipei that Foxconn plans to showcase at the company's annual technology event in November two versions of humanoid robots that it has developed. One of those will be with legs and the other will use a wheeled autonomous mobile robot (AMR) base, which would cost less than the version with legs, he said, without disclosing details. Nvidia announced in April that it planned to build AI supercomputer manufacturing factories in Texas, partnering with Foxconn in Houston and Wistron ( opens new tab in Dallas. Both sites are expected to ramp up production within 12 to 15 months. For Nvidia, using humanoid robots in the manufacturing of its AI servers represents a further push into the technology as it already supplies humanoid makers with a platform they can use to build such robots. Nvidia CEO Jensen Huang predicted in March that their wide use in manufacturing facilities was less than five years away. Automakers such as Germany's Mercedes-Benz ( opens new tab and BMW ( opens new tab have tested the use of humanoids on production lines, while Tesla (TSLA.O), opens new tab is developing its own. China has also thrown its weight behind humanoids, betting that many factory tasks will eventually be performed by such robots.
Globe and Mail
26-05-2025
- Business
- Globe and Mail
DELL Set to Report Q1 Earnings: Buy, Sell or Hold the Stock?
Dell Technologies DELL is scheduled to report its first-quarter fiscal 2026 results on May 29. For the first quarter of fiscal 2026, revenues are expected to be between $22.5 billion and $23.5 billion, with the mid-point of $23 billion suggesting 3% year-over-year growth. Non-GAAP earnings are expected to be $1.65 per share (+/- 10 cents), indicating 25% growth at the midpoint. The Zacks Consensus Estimate for revenues is pegged at $23.10 billion, suggesting 3.86% growth from the figure reported in the year-ago quarter. The consensus mark for quarterly earnings is pegged at $1.71 per share, up by 1.7% over the past 30 days, and suggesting year-over-year growth of 34.65%. Dell Technologies' earnings beat the Zacks Consensus Estimate in all the trailing four quarters, with an earnings surprise of 5.13% on average. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Let's see how things have shaped up for DELL shares prior to this announcement. Key Factors to Note for DELL Dell Technologies' fiscal first-quarter results are expected to have benefited from the robust demand for AI-optimized servers, driven by ongoing digital transformation and heightened interest in generative AI applications. Dell Technologies anticipates a 6% year-over-year revenue growth at the midpoint for the combined Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG) in the to-be-reported quarter. ISG revenues are expected to grow in the low teens, while CSG revenues are expected to be flat year over year. The Zacks Consensus Estimate for DELL's first-quarter fiscal 2026 ISG revenues is currently pegged at $10.379 billion, indicating 11.2% year-over-year growth. The consensus mark for CSG is pegged at $12.237 billion, suggesting 2.25% year-over-year growth. The growing AI market and Dell Technologies' leadership in AI-optimized servers, including the PowerEdge 9680, are expected to have been a tailwind in the to-be-reported quarter. In the fourth quarter of fiscal 2025, DELL's AI-optimized server momentum saw an increase of $1.7 billion in orders. The company shipped $2.1 billion worth of AI servers in the fiscal fourth quarter, and the AI server backlog remained healthy at $4.1 billion. DELL Shares Outperform Sector Year to date, Dell Technologies' shares have lost 2.7% against the broader Zacks Computer & Technology sector's return of 3.6%. The outperformance can be attributed to DELL's expanding portfolio and rich partner base. However, the company's shares have declined due to increasing macroeconomic challenges and U.S. President Donald Trump's decision to impose tariffs on top trading partners, including China, Mexico and Canada, which has increased the chances of a trade war. YTD Performance Image Source: Zacks Investment Research DELL Shares Trading Cheap Dell Technologies shares are cheap, as suggested by a Value Score of B. DELL stock is trading at a significant discount with a forward 12-month P/S of 0.75X compared with the Computer and Technology sector's 6.12X. Price/Sales (F12M) Image Source: Zacks Investment Research DELL Benefits From Expanding Clientele DELL's expanding partner base that includes the likes of NVIDIA NVDA, Worley, Microsoft, Meta Platforms META, Advanced Micro Devices AMD and Imbue is likely to have driven growth during the fiscal first quarter. In May 2025, Dell Technologies announced major advancements across the Dell AI Factory with NVIDIA to accelerate enterprise AI adoption. These include next-generation PowerEdge servers, enhanced AI data platforms, integrated software solutions, and new managed services for streamlined AI deployment. Benefits from this partnership with NVIDIA are likely to have been reflected in the to-be-reported quarter's performance. Dell Technologies collaborated with Meta Platforms to make it easy for its customers to deploy Meta Platforms' Llama 2 models on-premises with Dell Technologies' AI-optimized portfolio. In February 2025, Dell Technologies expanded its AI for Telecom program through a collaboration with Advanced Micro Devices to develop AI solutions that enhance real-time telecom network monitoring and management using Dell PowerEdge XE7745 servers powered by Advanced Micro Devices EPYC processors. What Should Investors Do With DELL Stock? Despite DELL's robust portfolio and expanding partner base, the broader PC market recovery is slower than expected, with customers delaying purchases to evaluate AI-enabled PCs and prepare for the Windows 10 end-of-life. A competitive pricing environment, especially in the Client Solutions Group (CSG) segment, has affected profitability. Cautious spending by enterprises and large customers on PCs and storage IT has been a concern for DELL's investors. Increasing competition in the AI data center market, along with a higher mix of AI-optimized servers, is expected to hurt gross margin expansion in the to-be-reported quarter. Additionally, investor sentiment has also soured amid rising trade tension, with additional tariffs raising fears of escalating costs. DELL currently has a Zacks Rank #3 (Hold), suggesting that it may be wise to wait for a more favorable entry point in the stock. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.0% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Dell Technologies Inc. (DELL): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Meta Platforms, Inc. (META): Free Stock Analysis Report
Bloomberg
22-05-2025
- Business
- Bloomberg
Lenovo Sales Beat Estimates Though Profit Sags From PC Rivalry
Lenovo Group Ltd. posted its fourth straight quarter of double-digit revenue growth, reflecting a growing lead in PCs as well as demand for AI servers. The Chinese company reported a faster-than-anticipated 23% rise in sales to about $17 billion. But net income plunged a worse-than-expected 64% to roughly $90 million, reflecting a loss on derivatives and pricing pressures in a still-stagnant PC market.
