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MeitY plans major changes to IT hardware PLI by 2026 27 as AI servers join incentives

MeitY plans major changes to IT hardware PLI by 2026 27 as AI servers join incentives

India’s Ministry of Electronics and Information Technology (MeitY) is preparing to revisit the Rs 17,000 crore IT hardware production-linked incentive (PLI) scheme later in FY27, after initial disbursements and rising component manufacturing. Officials say AI servers and other AI-linked hardware are likely to be added to coverage as part of the next modification window. Incentive payouts are expected to surge in the second half of FY27, currently far below the pace projected as many firms’ claims begin clearing this year.

Summarised by Beize from a story on The Economic Times on 15 May 2026
SiamAI denies shipping US AI servers to China amid US prosecutors multi billion dollar claims

SiamAI denies shipping US AI servers to China amid US prosecutors multi billion dollar claims

Bangkok-based SiamAI has denied allegations that it exported AI servers to China, saying it fully complies with U.S. export and re-export control laws. The denial comes as U.S. prosecutors allege that billions of dollars in U.S. AI technology—at least $2.5 billion—was shipped to China, including over $500 million between April and mid-May 2025. SiamAI also addressed claims tied to advanced chips from Super Micro Computer and Nvidia, insisting it did not engage in the exports in question.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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Foxconn profit jumps 19 percent as AI server demand surges

Foxconn profit jumps 19 percent as AI server demand surges

Taiwanese tech giant Foxconn reported a 19% quarterly net profit increase, driven by strong AI server demand. The company expects this momentum to continue as customers expand infrastructure. While its North America factories were hit by a cyberattack, Foxconn says operations are resuming normally. It also noted geopolitical risks aren’t affecting its outlook.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Google considers making AI servers in India as HP already starts production says Ashwini Vaishnaw

Google considers making AI servers in India as HP already starts production says Ashwini Vaishnaw

IT Minister Ashwini Vaishnaw says Google is seriously considering manufacturing AI servers in India, building on early local progress with HP already producing such hardware. The potential move supports Google’s supply-chain diversification and comes after its $15 billion investment in an AI hub in Visakhapatnam, signalling deeper manufacturing and compute plans locally.

Summarised by Beize from a story on The Economic Times on 11 May 2026
SoftBank eyes homegrown AI server manufacturing in Japan with Nvidia and Foxconn talks

SoftBank eyes homegrown AI server manufacturing in Japan with Nvidia and Foxconn talks

SoftBank is reportedly exploring plans to manufacture high-performance AI servers in Japan. The company is in talks with Nvidia and contract manufacturer Foxconn, with an initial approach that would assemble components sourced from abroad. The move is part of SoftBank’s upcoming medium-term management plan, targeting advanced AI workloads.

Summarised by Beize from a story on The Economic Times on 7 May 2026
Super Micro forecasts AI server boom boosts outlook as Wall Street expectations get crushed

Super Micro forecasts AI server boom boosts outlook as Wall Street expectations get crushed

Super Micro Computer is projecting strong fourth-quarter results that top Wall Street expectations, driven by soaring demand for its artificial intelligence servers. The company’s outlook is set to reassure investors, while its speed in delivering customized AI server systems positions it as a key beneficiary of the rapid expansion in AI infrastructure spending.

Summarised by Beize from a story on The Economic Times on 6 May 2026

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Asus eyes India AI boom with talks to supply high end compute servers beyond PCs

Asus eyes India AI boom with talks to supply high end compute servers beyond PCs

Asus is ramping up its push into India’s AI infrastructure, with talks involving the government and local hyperscalers to supply high-end compute servers. The move is partly driven by strains in the PC market, including component shortages and higher costs. Asus is also expanding domestic manufacturing capacity to support the growing India-led AI and server business.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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