Singapore Chip Firms Expand US Operations Amid AIāDriven Demand
⢠Singaporean semiconductor and electronics firms are accelerating plans to open or expand manufacturing and R&D facilities in the United States, driven by surging global demand for AI chips and US incentives to onshore critical supply chains. ⢠Reports indicate that several Singaporeālisted chipāassembly and test companies are evaluating sites in Arizona, Texas, and New Mexico, where state and federal subsidies could cover up to 40% of capital expenditure under the US CHIPS Act framework. ⢠Industry executives told local media that geopolitical pressure on Taiwan and China is prompting customers to diversify production away from highārisk hubs, turning Singaporeābased firms into key intermediaries in global AI hardware networks.
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