King Yuan Electronics keeps its Texas AI chip testing plant on schedule

KYEC says political uncertainty around the US midterms has not slowed its Nvidia-backed Fort Worth facility Taiwan’s King Yuan Electronics (KYEC) says its first US chip testing plant is still on track. General manager Gauss Chang said the Texas facility remains on schedule. That is despite concerns that a shift in congressional control after the US midterm elections could change the direction of AI policy. A $1.3 billion bet on the back end of the chip business KYEC handles backend testing, which means checking finished semiconductors before they ship to customers. The Fort Worth project carries a budget of more than $1.3 billion. KYEC is targeting high-volume production as early as April 2027. The company’s 2026 capital expenditures have hit a record $1.45 billion. Of that, $614 million has already been approved for investment in the US. Nvidia is the anchor tenant, and it paid up front The driving force behind the plant is Nvidia. The AI chip giant has committed a prepayment of $1.1 billion to lock in testing capacity at KYEC’s US facility. KYEC has acquired land and begun procuring equipment for the site. The land deal came to $79.35 million for 1.18 million square feet. That pa...