The largest chipmaker gave a disappointing forecast for 2024

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Taiwan’s Foxconn, the world’s leading contract electronics manufacturer, has warned that the chip shortage for artificial intelligence (AI) servers will continue in 2024. writes about this Reuters.

Foxconn Chairman Liu Yang-Wei announced that production capacity is limited. He added that new facilities are needed to meet the ever-increasing demand.

Foxconn shares are down 2.4% for the year. The company will release January sales data on Monday, February 5.

Before recognizedRival chip maker NVIDIA has become the world’s fastest growing brand in terms of value by the end of 2023. The title of most valuable brand belongs to Apple. Microsoft and Google were also in the top three. Russian brands were not included in the top 500.

Previously reportedIt was learned that Amazon founder Jeff Bezos plans to sell approximately 50 million shares of the e-commerce giant.

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