Reported 2 days ago
Taiwan Semiconductor Manufacturing Co. is considering establishing a gigafab in the United Arab Emirates, aiming for a complex of six factories similar to its Arizona facility. However, this venture requires regulatory approval from the U.S. government due to the UAE's ties with China and Iran. Meetings with U.S. officials have taken place, but previous attempts at geographic diversification in the UAE did not succeed. As demand for advanced chips rises, particularly for AI applications, the UAE has sought easier access to essential semiconductor technology.
Source: YAHOO