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Update: Market Chatter: TSMC May Face Fine Topping $1 Billion to Settle US Chip Probe
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Update: Market Chatter: TSMC May Face Fine Topping $1 Billion to Settle US Chip Probe
Apr 8, 2025 12:24 PM

02:50 PM EDT, 04/08/2025 (MT Newswires) -- (Update with TSMC's response to a request for comment.)

Taiwan Semiconductor Manufacturing ( TSM ) may face a penalty of $1 billion or more to settle a US Commerce Department investigation into a chip it made that was discovered in an AI processor from China's Huawei, Reuters reported Tuesday, citing people familiar with the matter.

TSMC declined to comment to 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: 143.93, Change: -2.24, Percent Change: -1.53

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