MAKING CHIPS

UAE’s AI drive may lead to TSMC, Samsung building factories

The projects would be funded by the UAE, with a central role for Mubadala and state-owned investment company MGX

Visitors visit TSMC booth at the 2024 World Semiconductor Congress in Nanjing, China. (Getty Images)

The UAE’s determination to become a world center for AI development is attracting new interest from Asia’s big chipmakers.

Taiwan’s TSMC and South Korea’s Samsung Electronics have discussed building large facilities to manufacture semiconductors in the UAE that could...