Taiwanese company Foxconn plans to continue construction on its nearly $900 million AI plant in Mexico, undeterred by President Trump's tariffs on Canadian and Mexican goods.
The plant in El Salto, Jalisco, will be the world's largest assembly plant for servers powered by Nvidia Corp's GB200 AI chips.
Despite the predicted increase in the cost of doing business in Mexico due to the tariffs, Foxconn and other companies remain committed to investing in the country.
The construction of the new plant and upgrades to an existing one are expected to be completed within a year.