TSMC Could Face $1B or More Fine From US Investigation: Reuters

Taiwan Semiconductor Manufacturing could face a penalty of $1b or more to settle a US export control probe over a chip it made that ended up inside a Huawei AI processor, Reuters reports, citing two unidentified people familiar with the matter.

• The US Department of Commerce has been investigating TSMC’s work for China-based Sophgo, the people said
• Sophgo’s TSMC-made chip matched one found in Huawei’s high-end Ascend 910B AI processor, according to the people
• It is unclear how and when the matter may be resolved: Reuters

To contact the reporter on this story:
Belinda Cao in New York at ...