financetom
Business
financetom
/
Business
/
Market Chatter: Taiwan Semiconductor Manufacturing Suspends Chip Supply to Client
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Taiwan Semiconductor Manufacturing Suspends Chip Supply to Client
Oct 23, 2024 9:41 AM

12:26 PM EDT, 10/23/2024 (MT Newswires) -- Taiwan Semiconductor Manufacturing ( TSM ) suspended shipments to an undisclosed client after finding a product from China's Huawei contained a chip supplied to that customer, Reuters reported Wednesday, citing a Taiwan official familiar with the situation.

The trade and economic official said that the matter is being investigated by the company, which has notified the US and Taiwan governments, Reuters said.

The official said the issue was an "important warning event" at the Taiwan company and may be traced back to Oct. 11 at the earliest, the report said. The US curbed the export of advanced artificial intelligence chips to China two years ago.

Taiwan Semiconductor Manufacturing ( TSM ) declined to comment, Reuters

The company didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 200.23, Change: +1.75, Percent Change: +0.88

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved