A Taiwanese company that tests computer chips and supplies Nvidia is planning a major financial commitment to the United States, announcing Friday it intends to invest as much as $1.4 billion to build a new American facility.
King Yuan Electronics, known as KYEC, said the planned investment is designed to support the company’s growth and reinforce its role in the worldwide supply chain for semiconductors.
The announcement comes as Taiwanese semiconductor and electronics manufacturers have increasingly been setting up operations in the United States, a trend that accelerated following TSMC’s multibillion-dollar expansion into Arizona. Foxconn and Wistron are among the Taiwanese companies currently building artificial intelligence server manufacturing capacity in Texas for Nvidia.
King Yuan Electronics did not reveal which clients the new American facility would serve, nor did the company disclose where the plant would be located or when construction might begin.
