Democratic Senator Warner Criticizes Biden Administration For 'Apparent Lax Monitoring' Of TSMC Over Chip In Huawei Product; Warner Calls For Biden Administration To Strengthen Enforcement Of U.S. Export Controls
Portfolio Pulse from Benzinga Newsdesk
Democratic Senator Warner has criticized the Biden Administration for insufficient monitoring of TSMC, which allegedly supplied chips used in Huawei products. Warner urges stronger enforcement of U.S. export controls.
October 31, 2024 | 1:25 pm
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TSMC is under scrutiny for allegedly supplying chips used in Huawei products, prompting calls for stricter U.S. export controls.
The news highlights potential regulatory challenges for TSMC due to its alleged involvement with Huawei, a company under U.S. export restrictions. This could lead to increased scrutiny and potential operational impacts.
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