Discussions are still in the early stages, reported the WSJ, and any deal could be bogged down by technical challenges.

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.

Taiwan Semiconductor Manufacturing Co. and Samsung Electronics reportedly have been considering building large new chip-making factories in the United Arab Emirates amid surging demand for artificial intelligence (AI) computing.