Foxconn, NVIDIA & BASF: Top Manufacturing News This Week

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Young Liu, Chairman and CEO of Foxconn and Lip-Bu Tan, Intel CEO. Credit: Foxconn
The top manufacturing news this week includes Foxconn and Intel's collaboration, NVIDIA and TSMC semiconductors and BASF's chemical manufactuturing
Young Liu, Chairman and CEO of Foxconn and Lip-Bu Tan, Intel CEO. Credit: Foxconn

5th June

Foxconn, the world's largest electronics manufacturer, is collaborating with US technology company Intel to accelerate the development and deployment of ‘next-generation’ AI infrastructure and intelligent computing platforms.

The collaboration also aims to accelerate the large-scale deployment of AI-driven technologies across edge and physical AI applications.

The companies aim to jointly develop AI systems that will be used in AI data centres as well as in factories, smart cities and in robotics. 

TSMC is applying NVIDIA's technology and AI to boost semiconductor manufacturing. Credit: NVIDIA

1st June

TSMC is using NVIDIA's CUDA-X libraries and AI models to accelerate its workloads across lithography, simulation, defect detection and other processes

NVIDIA has announced that TSMC is using its accelerated computing and AI to advance semiconductor design and manufacturing. 

It says this helps to improve turnaround time, energy efficiency, yield and operational productivity in fabs. 

Global semiconductor demand is skyrocketing, driven primarily by an need for AI infrastructure, data centres and advanced memory.

Shiv Trisal, Global Industrials GTM Lead at Databricks

4th June

Shiv Trisal of Databricks explains how manufacturing AI is moving from strategy presentations into production, and the data architecture making it possible

For many industrial businesses, AI remains an aspiration rather than an operational reality.

Shiv Trisal, Global Industrials GTM Lead at Databricks, asks: "How do we go from AI strategy being on a PowerPoint to being actually used in production, making real decisions alongside humans?"

The agreement between the two companies will see BASF offering advice on procurement strategy and project execution planning. Credit: BASF/Encina

4th June

BASF and Encina have entered into an agreement to support a circular chemical manufacturing facility on the Gulf Coast of the US

BASF, the largest chemical producer in the world, has entered a strategic collaboration agreement with Encina Development Group, a producer of circular chemicals derived from waste streams. 

Encina’s agreement with BASF supports the development of its planned circular chemicals manufacturing facility on the Gulf Coast in the US. 

The US manufacturing sector expanded in May for the fifth straight month following a 10-month period of contraction, registering 54%. Credit: Christopher Burns/Unsplash

4th June

The US manufacturing sector expanded in May 2026 for the fifth consecutive month, say executives in the latest Institute for Supply Management (ISM) Manufacturing PMI Report.

The growth in manufacturing comes despite many industries reporting an increased cost in raw materials, including paper chemical products, computer and electronic products, primary metals, machinery as well as food, beverage and tobacco products. 

The report also noted that delivery performance of suppliers to manufacturing organisations was slower in May for the sixth consecutive month. 

Executives