TAIPEI, July 10 (Reuters) - Taiwan's King Yuan Electronics

(KYEC), a major chip testing supplier to Nvidia ( NVDA )

, 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.