UAE – Mubasher: Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics Company plan to build new factories in the UAE, according to the Wall Street Journal.
The joint project will be implemented in the coming years to meet growing demands for AI computing.
Projects of the scale under consideration might exceed $100 billion to complete.
G42, an Abu Dhabi-based firm, lined up a $1.50 billion investment from Microsoft Corp, last April.
Last week, the UAE company announced plans with Nvidia to create a climate technology lab. This was the firm’s first partnership with Nvidia, whose chips have been vital to the development of AI software. G42 also has an accord with OpenAI, the creator of ChatGPT.
