WSJ: TSMC, Samsung Consider UAE for New Chip Plants

The chip-making giants are eyeing the United Arab Emirates for new factories.

The UAE aims to develop a domestic tech industry and reduce reliance on imports.

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The global demand for AI chips is expected to surge in the coming years.

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The combined cost of the factories could exceed $100 billion.

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The projects face significant challenges and may not come to fruition.

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TSMC remains focused on current global expansion projects.

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Samsung has not yet responded to the reports.

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The projects could increase global production and lower AI chip prices.

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