US revokes TSMC’s fast-track China export status as controls tighten

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The US has revoked Taiwan Semiconductor Manufacturing Co’s authorization to ship key equipment to its main China facility, the chip manufacturer said on Tuesday.

The change removes a fast-track export privilege known as Validated End User (VEU) status, effective December 31, meaning future shipments of US-origin chipmaking tools to TSMC‘s Nanjing site will require individual licenses.

The US has steadily tightened export controls to curb China’s access to advanced semiconductors and chipmaking tools, expanding licensing requirements and revoking…



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US revokes TSMC’s fast-track China export status as controls tighten



The US has revoked Taiwan Semiconductor Manufacturing Co’s authorization to ship key equipment to its main China facility, the chip manufacturer said on Tuesday.

The change removes a fast-track export privilege known as Validated End User (VEU) status, effective December 31, meaning future shipments of US-origin chipmaking tools to TSMC‘s Nanjing site will require individual licenses.

The US has steadily tightened export controls to curb China’s access to advanced semiconductors and chipmaking tools, expanding licensing requirements and revoking…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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