US probes TSMC over potential links to China’s Huawei- The Information
) over whether the chipmaking giant breached export rules by making smartphone or artificial intelligence chips for China’s Huawei, The Information reported on Thursday.
Huawei was blacklisted by the U.S. in 2020 over national security concerns, blocking it from buying chips made using American equipment. The restrictions also prevent Huawei from making its own chips using U.S. technology without approval from the Commerce Department. Beyond Huawei, the U.S. had over the past two years introduced strict curbs blocking Chinese companies from accessing the most advanced AI chips and technology. Firms such as NVIDIA Corporation (NASDAQ:TSMC is the world’s biggest contract chipmaker and is a key player in the chip supply chain. It is a key supplier of advanced chips used in the AI and smartphone industries. Earlier this week, the firm clocked stronger-than-expected third-quarter earnings on robust AI-fueled demand for chips.
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