Reported 9 days ago
TSMC may incur fines exceeding $1 billion following a U.S. investigation into potential violations of export controls due to its work with Chinese firm Sophgo. A chip found in a Huawei AI processor was traced back to chips TSMC supplied to Sophgo, raising concerns as Huawei is prohibited from receiving U.S. technology. TSMC has since ceased shipments to Sophgo, which denies any ties to Huawei.
Source: YAHOO