The U.S. plans to unveil more regulations to keep chips made by TSM (TSMC (TSM)), Samsung (SSNLF), and other producers from flowing to China, Mackenzie Hawkins, Jenny Leonard, and Jane Lanhee Lee of Bloomberg reports. The latest measures introduced by the Biden administration will seek to encourage chip producers like TSM, Samsung, and Intel (INTC) to carefully scrutinize customers and increase due diligence, people familiar with the matter told Bloomberg.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- Apple now verifying TSMC’s ‘Made in USA’ chips, Nikkei Asia reports
- Taiwan Semiconductor Manufacturing (TSM) Q4 Earnings: Here’s What to Expect
- AI Daily: White House announces new controls on AI chips
- TSM Upcoming Earnings Report: What to Expect?
- J&J to acquire Intra-Cellular, Clearwater to buy Enfusion: Morning Buzz