Taiwan Semiconductor Manufacturing Co. (TSMC) has officially stated that it will not establish a manufacturing facility in the Middle East. This announcement came from Chairman and CEO C. C. Wei, who made it clear during the company’s annual shareholders’ meeting that the claims of a potential chip foundry in the United Arab Emirates (UAE) are...
Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly resuming discussions to establish a factory in the United Arab Emirates after conversations were paused at the end of former US President Joe Biden’s term. The company has been in talks with Steve Witkoff, the US special envoy to the Middle East, as well as executives from Abu...
TSMC is currently assessing the possibility of constructing an advanced production facility in the United Arab Emirates. The company has already engaged in discussions regarding this potential project with officials from the U.S. government, specifically during the administration of President Donald Trump, as reported by Bloomberg’s Mackenzie Hawkins and Jenny Leonard. In recent months, TSMC...