Taiwan Semiconductor Manufacturing Co. (TSM) and Samsung Electronics reportedly have been considering building large new chip-making factories in the United Arab Emirates amid surging demand for 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) computing.

According to The Wall Street Journal, the projects being discussed "involve complexes that could contain numerous factories and cost over $100 billion in aggregate," but "government officials and industry executives say substantial technical and political hurdles remain."

Among the hurdles on the technical side: The need for "super-clean water" to rinse silicon wafers—an issue when most of the UAE's water is produced via desalination—and "concerns about the availability of engineering talent to staff major new factories far from the companies' home bases."

Samsung, TSMC H꧒ave Had Talks With US on Chips Sa꧅les To China

The report also said that the two compa🌠nies have had talks with U.S. officials worried that the advanced AI 🌃chips produced would make their way to China, a key trading partner of the UAE.

Government subsidies globally have been helping the chip industry expand in the U.S., Europe, and Asia. In the U.S., the government has been doling out billions in grants as part of the 澳洲幸运5官方开奖结果体彩网:CHIPS and Science Act of 2022 to ensure production is done domestically.

TSMC's 澳洲幸运5官方🎃开奖结果体彩网:American depositary receipts (ADRs), which edged higher as markets opened Monday, are up almost 70% this year.