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TSMC quashes UAE fab rumors, but says AI demand remains fierce in the face of tariff pressures. Stephen Warwick . Tue, Jun 3, 2025, 6:48 AM 3 min read.
T aiwan Semiconductor Manufacturing Corporation (TSMC) is reportedly in talks with White House officials to discuss the possibility of opening a chip fab in the United Arab Emirates (UAE ...
The UAE doesn’t have a huge local talent pool to run a fab, so TSMC would have to reassign key engineers from elsewhere, potentially gutting the team supporting US operations.
TSMC has reportedly met several times in recent months with Steve Witkoff, the US Special Envoy to the Middle East, and MGX, a powerful UAE investment fund tied to the ruling family.
A new trend appears to be emerging in the United States technology sector, particularly in light of President Trump's newly implemented trade tariffs across various countries and industries.
TSMC has allocated $165 billion for its Phoenix project, which includes research and packaging facilities. The timeline for the potential UAE site is uncertain, with insiders suggesting that ...
The UAE plant planned by TSMC will resemble the six semiconductor plant complexes currently being developed in Phoenix, Arizona, and will encompass not just production facilities but also ...
Just days after TSMC was reported to be in talks with Washington over a planned fab expansion in the Middle East, company CEO C.C. Wei has quashed those rumors at the company's annual shareholders ...
Detailed price information for Taiwan Semiconductor ADR (TSM-N) from The Globe and Mail including charting and trades.
TSMC considers establishing advanced chip plant in the UAE - Bloomberg ...