TSMC cuts ties with PowerAIR over chip found in Huawei processor, SCMP says

Apple (AAPL) supplier TSMC (TSM) is cutting ties with Singapore-based PowerAIR due to a potential breach of U.S. export controls, after a TSMC chip was found in a Huawei AI processor, The South China Morning Post’s Che Pan reports, citing people familiar with the matter. PowerAIR is the second known company singled out for potential involvement in the Huawei case, the report notes.