An unusual transaction belies a continuance of international efforts in U.S. production – now instead of EVs, the facility will turn out AI servers.

Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.

Softbank has purchased the Lordstown site, Foxconn Chairman Young Liu told reporters, adding that Foxconn will continue operating the site via a venture the two companies will set up. Foxconn said earlier this month it had struck a deal to sell the factory and its machinery for $375 million,