Cointime

Cointime

Download App
iOS & Android
Home / Point

Foxconn Estimates Capital Expenditure to Increase Over 30% Year-on-Year

On August 12, Foxconn's Chief Financial Officer Huang De-cai stated at a financial briefing that the group's capital expenditure for the first half of this year was approximately NT$80.9 billion, an increase of NT$3.7 billion year-on-year. It is estimated that this year's capital expenditure will grow by over 30% year-on-year, in response to demand for AI server cabinets and regional manufacturing. The company is proactively expanding key capacities such as server cabinets, liquid cooling, and testing, while also strengthening its global manufacturing and automation layout. Huang noted that future capital expenditure and working capital needs are expected to rise, but the group currently has sufficient internal cash generation capabilities and financing capacity to support growth.

Comments

All Comments

Recommended for you

  • Ploymarket: Market Probability of Fed Rate Hike in September Drops to 34% After CPI Data Release

    According to prediction market Ploymarket, the probability of a Federal Reserve rate hike in September has dropped to 34% following the release of CPI data. This is the lowest probability for a September rate hike since July 17, and is only half of what it was on that date.

  • Goldman Sachs: Fed May Keep Rates Unchanged Throughout 2026 as Inflation Eases

    Matheus Dibo, head of investment strategy for Europe, the Middle East, and Africa at Goldman Sachs, stated that the Federal Reserve is likely to maintain interest rates unchanged throughout 2026, with inflation risks expected to ease in the second half of the year. "Clearly, the market is still digesting the expectations for interest rate hikes, but we actually disagree with this view and believe that the Fed will keep rates unchanged for the foreseeable future," Dibo said in an interview on Wednesday. He noted that the inflation data released earlier this year was influenced by oil prices, the World Cup, and tariffs, but there are currently few signs that inflation will spread throughout the remainder of 2026. Dibo added that, given trends in the housing market, housing inflation should also ease. (Bloomberg)

  • BTC Falls Below $64,000

    Market data shows that BTC has fallen below $64,000, currently priced at $63,996.44, with a 24-hour decline of 0.52%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Goldman Sachs: U.S. Consumer Price Index Performance in July is 'Encouraging'

    On August 12, Goldman Sachs stated that the performance of the U.S. Consumer Price Index in July is 'encouraging'.

  • US July CPI Year-on-Year Meets Expectations

    On August 12, it was reported that the US unadjusted CPI year-on-year for July recorded a 3.4% increase, the smallest rise since March, which aligns with market expectations. (Jin Shi)

  • Spot Gold Drops $50 in Short Term, Currently at $4,399 per Ounce

    Spot gold has dropped $50 in the short term and is currently reported at $4,399 per ounce.

  • Analyst: July Inflation Data Allows Waller to Breathe Easy

    On August 12, market analyst Chris Anstey stated that the overall and core CPI data for the U.S. in July fully met expectations. In simple terms, these monthly figures do not trigger an inflation alarm and are generally in line with the Federal Reserve's targets. Waller can breathe a sigh of relief for now. However, what he truly needs is for the August inflation report to deliver similar numbers, but it is still 'too early for that.' (Jin Shi)

  • New York City Council Investigates Regulatory Pressure on Prediction Markets like Polymarket

    On August 12, news reports indicated that the New York City Council is investigating the advertising practices of four major prediction market platforms, opening a new battleground for the legal controversies facing this rapidly evolving industry. City Council Speaker Julie Menin sent a letter containing numerous questions to Polymarket, Kalshi, Coinbase Global Inc., and the prediction market platform Titan under Gemini Space Station, as part of a so-called legislative inquiry aimed at examining whether existing city laws are sufficient to protect residents from false or deceptive marketing by these emerging platforms. The City Council is also exploring the development of related policies to address products that may lead users to engage in 'compulsive betting on event contracts.' In its letter to Polymarket, the City Council stated: 'The Council is investigating the allegations involving Polymarket and, more importantly, is examining the prevalence of similar marketing practices within the broader prediction market industry and the associated social harms to residents of New York City.' (Jinshi)

  • AI Computing Power is Being Packaged as a Financed Asset

    According to Silicon Data, the rental prices for A100, H100, H200, and B200 in the non-Hyperscaler market are approximately $1.65, $2.72, $3.29, and $5.61 per GPU hour, respectively. The H100 has rebounded significantly from $2 at the end of last year, while the B200 and H200 have also strengthened concurrently. Based on a 36-month forward rental curve, the estimated residual value of the H100 has risen from $14,000 in October last year to about $20,000 currently (residual value refers to model valuation, not actual transaction price). The rental trend supports Jensen Huang's logic of assetizing computing power: once GPUs stably generate inference rental income, they can be financed through future cash flow collateral, similar to airplanes and ships. On August 10, NVIDIA, in collaboration with Apollo, BlackRock, and others, promoted over $500 billion in AI infrastructure financing, with some loans secured by equipment. NVIDIA may provide up to 25% guarantees based on residual value. If this model is established, it will reduce Neo-cloud financing costs and stimulate GPU demand. However, it is important to note that Silicon Data's own second-hand market data shows that the listing price of a 3-year-old H100 is only 20%-30% of the peak price of new models, indicating significant technological depreciation. The stable rental income from the A100 over six years only suggests that older models still hold value in low-cost scenarios such as inference and fine-tuning. A more accurate assessment is that the economic lifespan of GPUs may exceed the previously assumed 2-3 years, with strong inference demand offsetting some technological depreciation, which is crucial for the collateral valuation in the $500 billion financing plan.

  • Bank of Russia Limits Retail Crypto Trading to Bitcoin, Ethereum, and USDT Starting September 1

    The Bank of Russia will restrict retail investors from trading cryptocurrencies on regulated exchanges starting September 1, allowing transactions only in Bitcoin, Ethereum, and USDT. Non-qualified investors will have an annual purchase limit of 300,000 rubles, approximately $3,600, through a single intermediary. Qualified investors will not have a limit. These regulations further clarify the legislation passed in July, but cryptocurrency payments within Russia remain prohibited under current laws. (CoinDesk)

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company