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flag TSMC and Samsung plan to invest over $100 billion in new chip-making facilities in the UAE with UAE funding, managed by Mubadala, amid U.S. concerns about AI technology reaching China.

flag TSMC and Samsung Electronics are exploring plans to invest over $100 billion in new chip-making facilities in the UAE, according to the Wall Street Journal. flag Executives from both companies have visited the region to discuss potential projects aimed at boosting global chip production and reducing prices. flag However, the discussions are in early stages and face technical challenges. flag The UAE would fund the projects, managed by Mubadala, amid U.S. concerns about AI technology reaching China.

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