TSMC and Samsung considering $100bn UAE investment – chip-building plants

The Wall Street Journal (gated) with the report on chip-makers TSMC and Samsung mulling building factory complexes in the UAE:

• on par with some of the company’s largest and most advanced facilities in Taiwan, according to people familiar with the interactions
• discussions are still in the early phases
• could be a cornerstone for artificial-intelligence investments in the Middle East

Journal caveats that there are multiple technical and other hurdles that mean they might not pan out.

Link here (gated).

This article was written by Eamonn Sheridan at www.forexlive.com.