TSMC reportedly halts advanced chip shipments to Chinese companies
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TSMC has been ordered by the US Department of Commerce to stop shipments of advanced chips to Chinese companies after a chip was found in a Huawei processor.
November 10, 2024 | 7:45 pm
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TSMC has been ordered by the US Department of Commerce to halt shipments of advanced chips to Chinese companies, impacting its business operations.
The halt in shipments to Chinese companies could affect TSMC's revenue from a significant market, leading to potential short-term negative impact on its stock price.
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