Exclusive: US ordered TSMC to halt shipments to China of chips used in AI applications, source says
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The U.S. has ordered Taiwan Semiconductor Manufacturing Co (TSMC) to stop shipping advanced chips to Chinese customers, which are often used in AI applications, starting Monday.
November 10, 2024 | 1:00 am
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The U.S. has ordered TSMC to stop shipping advanced chips to Chinese customers, impacting its business in AI applications.
The halt in shipments to China could negatively impact TSMC's revenue from Chinese customers, especially in the AI sector. This regulatory action may lead to a short-term decrease in stock price due to potential loss of business.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100