Taiwan Semiconductor Halts Shipments After Huawei Link Discovered, US Sanctions Cited
Portfolio Pulse from Anusuya Lahiri
Taiwan Semiconductor Manufacturing Co (TSMC) halted shipments to a customer after discovering its semiconductors were sent to Huawei, potentially violating U.S. sanctions. TSMC has not supplied Huawei since mid-September 2020. The incident was reported to U.S. and Taiwanese authorities. TSMC's stock has gained over 119% in the last 12 months, with strong revenue growth and a forward P/E ratio of 22.42.
October 24, 2024 | 1:37 pm
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NEGATIVE IMPACT
TSMC halted shipments after discovering its chips were sent to Huawei, potentially violating U.S. sanctions. The company has not supplied Huawei since 2020 and reported the incident to authorities.
The halt in shipments due to potential sanctions violations could negatively impact TSMC's stock in the short term. However, TSMC's strong financial performance and growth may mitigate long-term effects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
TSMC, a key chip supplier for Apple, halted shipments due to potential sanctions violations. This may affect Apple's supply chain, but no direct impact is reported.
While TSMC is a major supplier for Apple, the direct impact on Apple's operations is unclear. The situation may warrant monitoring for potential supply chain disruptions.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
TSMC, a key chip supplier for Nvidia, halted shipments due to potential sanctions violations. This may affect Nvidia's supply chain, but no direct impact is reported.
TSMC is a significant supplier for Nvidia, but the direct impact on Nvidia's operations is not specified. Monitoring for potential supply chain issues is advised.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50