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TSMC reportedly halts advanced chip shipments to Chinese companies

TSMC reportedly halts advanced chip shipments to Chinese companies

November 10, 2024: TSMC Halts Advanced Chip Sales to China - TSMC has reportedly stopped shipments of advanced chips to Chinese companies following a US Department of Commerce directive. This action comes after a TSMC chip was discovered in a Huawei processor, increasing concerns about potential trade violations. The halt aims to determine if chips are being diverted to Huawei, a company under strict US trade restrictions. The affected chips are crucial for artificial intelligence technologies, a sector already facing US export limitations. TSMC assures compliance with all relevant export controls and regulations.

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