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

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.

Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker that is in the middle of a turnaround effort.