Nvidia supplier King Yuan Electronics to invest up to $1.4 billion in US facility

Taiwanese chip-testing company King Yuan Electronics (KYEC) plans to invest up to $1.4 billion to establish a facility ‌in ⁠the ⁠United States, the supplier to chipmaker Nvidia said on Friday.

King ​Yuan Electronics said the investment is intended to support ​operational growth ⁠and strengthen ‌its position in ​the ​global supply chain.

Taiwanese ⁠semiconductor and electronics companies have been expanding manufacturing in the United States since TSMC's multibillion-dollar investment in Arizona. Among them, Foxconn and Wistron are ‌building AI server manufacturing capacity in Texas for Nvidia.


King ​Yuan ⁠Electronics did not say which customers the planned U.S. facility ​would serve and did not disclose its location or provide a construction timetable.