Reported 15 days ago
Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics are exploring the possibility of establishing new chip manufacturing facilities in the United Arab Emirates (UAE) to meet the rising demand for artificial intelligence computing. Discussions are in the preliminary stages, focusing on potential investments exceeding $100 billion. While TSMC is currently engaged in projects in the US, Japan, and Germany, the UAE is positioning itself as a regional AI hub, despite facing infrastructure challenges that complicate such substantial investments.
Source: YAHOO