• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

TSMC to suspend production of advanced AI chips for China from Monday, FT reports

by November 8, 2024
written by November 8, 2024

(Reuters) -Taiwan Semiconductor Manufacturing Company has notified Chinese chip design companies that it is suspending production of their advanced AI chips from Monday (NASDAQ:MNDY), Financial Times reported on Friday, citing three people familiar with the matter.

TSMC has told Chinese customers that it will no longer manufacture AI chips at advanced process nodes of seven nanometres or smaller, the report said.

Any future supplies of such semiconductors by TSMC to Chinese customers would be subject to an approval process which is likely to involve Washington, two of three people quoted said, according to the report.

“TSMC does not comment on market rumor. TSMC is a law-abiding company and we are committed to complying with all applicable rules and regulations, including applicable export controls,” the company said in a comment.

The U.S. Department of Commerce did not immediately respond to a Reuters request for comment.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Apimeds Pharmaceuticals US Files for 3.33M Share IPO at $3-$4/sh
next post
Richemont remains cautious on raising jewellery prices despite high gold prices

You may also like

Adani, Ambani news units sue OpenAI over copyright,...

March 13, 2026

China’s DeepSeek sets off AI market rout

March 13, 2026

BASF results down on impairments, restructuring

March 13, 2026

Nasdaq futures tumble as China’s AI push rattles...

March 13, 2026

European chipmakers slump as traders gauge DeepSeek AI...

March 13, 2026

Fuji Media, rocked by sexual misconduct allegations, says...

March 13, 2026

China Vanke’s CEO, chairman resign amid growing liquidity...

March 13, 2026

Italy’s MPS shares fall ahead of Mediobanca board...

March 13, 2026

UMG shares rally after new multi-year pact with...

March 13, 2026

British Land stock drops following stake sale

March 13, 2026
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Trump administration alleges Nike discriminated against white workers

      March 13, 2026
    • Landmark trial accusing social media companies of addicting children to their platforms begins

      March 13, 2026
    • Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy

      March 13, 2026
    • Cardi B’s cameo in Bad Bunny’s Super Bowl halftime show leads to dispute on prediction markets

      March 13, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (690)
    • Stock (6,426)

    Latest News

    • Trump administration alleges Nike discriminated against white workers
    • Landmark trial accusing social media companies of addicting children to their platforms begins

    Popular News

    • Bankrupt Purdue buys time to advance $7.4 billion opioid deal
    • Boeing factory workers reject wage deal, extending strike

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy