Quanta Cloud Technology commits US$61.71 million for California facility lease amid AI server buildout
Quanta Cloud Technology announced that its subsidiary QMN purchased a 10-year right-of-use asset for a California facility lease for US$61.71 million to support expanding manufacturing capacity for AI servers and other operations in the US. The transaction was disclosed as part of the firm's ongoing expansion of US manufacturing, where the company has grown its California campus to more than 20 buildings.