Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. have discussed building major new factories in the United Arab Emirates in coming years to help satisfy soaring demand for artificial intelligence computing,

Chip-making titans Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. are considering building major factories in the United Arab Emirates to help fill future demand for artificial-intelligence chips,

TSMC and Samsung Electronics have discussed building huge factory complexes in the United Arab Emirates that could transform the chip industry in the coming years, the Wall Street Journal reported on Sunday.

Samsung Electronics (OTCPK:SSNLF) and Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) (OTC:TSMWF), better known as TSMC, have discussed the possibility of building giant factories in the United Arab Emirates that would transform the region for growth in artificial intelligence,