From MarketWatch, September 22:
Chip-making titans Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. are considering building major factories in the United Arab Emirates to help fill future demand for artificial-intelligence chips, the Wall Street Journal reported Sunday.
Representatives of TSMC and Samsung have both visited the UAE recently to discuss building advanced manufacturing facilities in the coming years, according to the Journal.
According to the Journal, plans for the projects are in the early stages and face significant hurdles, and may not come to fruition. The Journal said the combined cost of the factories could top $100 billion....
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The UAE and Mubadala definitely want to be major players, whether or not it is these projects or others that have been discussed or announced.
