Hon Hai Precision Industry (TPE:2317) or Foxconn's chairman, Liu Yang-wei, warned that the rapid expansion of artificial intelligence data centers is causing significant electricity and capital constraints, CNA reported Thursday.
Speaking at the Chinese National Association of Industry and Commerce, Liu said the AI data center market could expand to about $1.6 trillion by 2030, while also becoming highly power-intensive and requiring substantial upfront investment. Liu cautioned that next-generation AI infrastructure is driving higher costs, as high-performance computing clusters lift both electricity consumption and equipment depreciation, according to the report.
He added that sustaining AI growth will depend on faster expansion of power supply and more coordinated infrastructure planning to avoid future bottlenecks, CNA said.
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