TSMC, Samsung Eye UAE For Advanced Chip Megafactories Amid Tech Ambitions, But U.S.-China Tensions Loom

TSMC and Samsung Electronics have talked with the United Arab Emirates about potentially building advanced chip mega factories in the Middle East. Executives from both companies have visited the UAE recently to explore this opportunity. The UAE aims to position itself as a global tech hub and is increasing investments in its domestic technology sector, particularly artificial intelligence. Concerns over U.S.-China tensions may impact the projects, as Washington is wary of the UAE’s potential collaboration with China on advanced AI chips.