TSMC, Samsung Reportedly Mulling UAE Chip Megafactories
TSMTSMC(TSM) Investopedia·2024-09-23 22:35

KEY TAKEAWAYSTaiwan Semiconductor Manufacturing Co. and Samsung Electronics reportedly have been considering building large new factories in the United Arab Emirates.According to The Wall Street Journal, the projects being discussed "involve complexes that could contain numerous factories and cost over $100 billion in aggregate."The reported talks come amid surging demand for artificial intelligence (AI) computing. Taiwan Semiconductor Manufacturing Co. (TSM) and Samsung Electronics reportedly have been con ...