The US ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in Artificial Intelligence (AI) applications starting Monday, according to a person familiar with the matter. The Department of Commerce sent a letter to TSMC imposing export restrictions on certain sophisticated chips, of seven nanometer or more advanced designs, destined for China that power AI accelerator and graphics processing units (GPU), […]
The Dutch chipmaker’s third quarter results missed estimates and were published a day earlier than expected due to a technical error. Chip stocks are tumbling. But why? Source link