ICYMI: US ordered TSMC to halt shipments to China of chips used in AI applications

Reuters carried the report, ICYMi:

Department of Commerce sent a letter to TSMC imposing export restrictions on certain sophisticated chips, of 7 nanometer or more advanced designs, destined for China that power AI accelerator and graphics processing units (GPU), according to a person familiar with the matter.

Taiwan Semiconductor Manufacturing Co., the world’s largest maker of advanced chips

This article was written by Eamonn Sheridan at www.forexlive.com.