SynopsisKing ​Yuan Electronics said the investment is intended to support ​operational growth ⁠and strengthen ‌its position in ​the ​global supply chain.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. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now