Loading...
Market
What will be the primary funding source for the UAE megafactories by December 31, 2024?
2
TSMC•Samsung Electronics•United Arab Emirates•UAE•Wall Street Journal•Middle East•Abu Dhabi•Mubadala
Resolution / Starting Odds
Mubadala • 25%
Private Investors • 25%
Government Grants • 25%
Other • 25%
Official announcements from TSMC, Samsung, or Mubadala
Story
TSMC and Samsung Discuss $100B Megafactories in UAE Amid Major Hurdles
Sep 22, 2024, 06:15 PM
TSMC and Samsung Electronics are in discussions to build megafactories in the United Arab Emirates (UAE), according to reports from the Wall Street Journal. These proposed semiconductor factories could transform the chip industry in the coming years and are expected to be valued at over $100 billion. The projects, which have seen executives from both companies visiting the UAE, could become a cornerstone for AI investments in the Middle East. Abu Dhabi's Mubadala is expected to play a central role in funding these projects. However, significant hurdles remain before these ambitious plans can be realized.
View original story
Similar markets
TSMC • 33%
Samsung • 33%
Both invest equally • 34%
TSMC • 33%
Samsung • 33%
Neither by the end of 2025 • 34%
Cryptocurrency • 25%
Precious metals • 25%
Real estate • 25%
Technology • 25%
TSMC • 33%
Samsung • 33%
Neither by the end of 2027 • 34%
Yes • 50%
No • 50%
Tourism • 25%
Real Estate • 25%
Trade • 25%
Financial Services • 25%
No • 50%
Yes • 50%
Government Grants • 25%
Private Investments • 25%
Bank Loans • 25%
Public-Private Partnership • 25%
Focus on digital currencies • 25%
Focus on traditional assets • 25%
Balanced approach • 25%
Other • 25%
Diversification of assets • 25%
Inflation hedge • 25%
Speculative investment • 25%
Other • 25%
Sovereign Wealth Funds • 25%
Private Institutions • 25%
Foreign Investments • 25%
Other • 25%