TSMC (TSM) suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, Reuters’ Karen Freifeld and Fanny Potkin report, citing two people familiar with the matter. Sophgo had ordered chips from TSMC that matched the one found on Huawei’s Ascend 910B, the people said. Huawei is restricted from buying the technology to protect U.S. national security.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- Judge blocks Tapestry-Capri deal, Centene reports Q3 beat: Morning Buzz
- TSMC Updates on Shareholdings and Investment Moves
- TSMC’s Arizona production yields 4PP higher than in Taiwan, Bloomberg reports
- Boeing union rejects latest offer, Tesla reports Q3 beat: Morning Buzz
- Nvidia says flaw in Blackwell AI chips fixed with TSMC’s help, Reuters reports