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

By Wen-Yee Lee

TAIPEI, July 10 (Reuters) - Taiwan's King Yuan Electronics (KYEC) 2449.TW, a major chip testing supplier to Nvidia NVDA.O, said on Friday that its board had approved a plan to invest up to $1.4 billion to establish a facility in the United States.

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

The company did not disclose the location of the planned factory or provide a construction timetable.


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