US EditionTSMC Is Once Again in Talks with US Officials over a Possible Gigafab in the UAE
- TSMC is in early-stage talks in 2025 with U.S. Officials and UAE entities about building a gigafab in the United Arab Emirates.
- These discussions follow earlier talks under the Biden administration and reflect broader U.S.-UAE cooperation on AI, amid concerns about national security and economic impacts.
- TSMC's proposed UAE facility would mirror its Arizona gigafab, a $165 billion project supported by U.S. Subsidies, while the UAE seeks to boost its regional tech leadership despite lacking skilled semiconductor labor.
- Critics within the U.S. Administration warn the UAE's ties to China and risks of technology transfer could endanger U.S. Interests and the Phoenix project, while TSMC states it does not comment on rumors.
- If approved and developed, the UAE gigafab would mark a major overseas expansion for TSMC and advance the Gulf nation's ambitions in AI and semiconductors amid ongoing geopolitical challenges.
13 Articles
13 Articles
TSMC Has No Plans to Set Up Manufacturing Plant in Middle East: Chairman & CEO TSMC
Get latest articles and stories on Business at LatestLY. Taiwan Semiconductor Manufacturing Co. (TSMC) has no plans to set up a manufacturing base in the Middle East, the company's Chairman and CEO C.C. Wei stated on Tuesday, as reported by Focus Taiwan. Business News | TSMC Has No Plans to Set Up Manufacturing Plant in Middle East: Chairman & CEO TSMC.
TSMC CEO Wei dismisses reports on Middle East fab - Focus Taiwan
Taipei, June 3 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC) will not set up a manufacturing base in the Middle East, TSMC Chairman and CEO C.C. Wei (魏哲家) said Tuesday at the company's annual shareholders' meeting.
TSMC is once again in talks with US officials over a possible gigafab in the UAE
A Bloomberg report, citing sources familiar with the matter, highlights that the proposed plant would be a gigafab, essentially a sprawling complex of multiple chipmaking facilities. If it comes to pass, it would represent a massive leap in the UAE's ambitions to become a key player in this field, even...Read Entire Article
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