Chipmore Electronics' board approved a $1.4 billion investment for a new subsidiary and factory construction in the United States, aiming to expand its global supply chain. The wafer testing giant currently operates at full production capacity due to strong AI-related orders, driven by AI servers, ASICs, and high-performance computing.
A major wafer testing provider is committing significant capital to expand US capacity, indicating sustained tightness in the AI chip supply chain.