Texas AI inspection plant worth over $1.3 billion, King Yuan Electronics keeps schedule

King Yuan Electronics (2449) confirmed it will proceed on schedule with its over $1.3 billion AI chip testing facility in Fort Worth, Texas, the company's first U.S. testing site. Management said the timeline remains unchanged despite concerns that AI policy could shift after the U.S. midterm elections alter the congressional lineup. The Fort Worth project covers back-end testing—verifying finished chip performance before shipment to customers—a step distinct from wafer fabrication. The investment figure of more than $1.3 billion includes land acquisition and related costs. The decision matters as a signal that Taiwanese semiconductor suppliers are continuing U.S. capacity buildout despite political uncertainty; next, watch for construction milestones and any revisions to AI policy following the elections.