Taiwan Semiconductor to Halt Advanced AI Chip Production for China [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
The ruling is in line with American initiatives to curtail China's scientific progress. Warning! GuruFocus has detected 3 Warning Sign with BIDU. Set to start on Monday, the suspension affects processors with process nodes of 7 nanometers or below. According to sources, future Chinese company development of such chips would probably depend on U.S. government clearance. The stop comes as Taiwan Semiconductor seeks to enhance internal controls and be ready for perhaps new U.S.-based export restrictions. Chinese technology companiesincluding Baidu ( BIDU Financials ) and Alibaba Group Holding Ltd. ( BABA Financials )who have employed Taiwan Semiconductor's manufacturing capabilities are anticipated to be impacted by the move. After a chip Taiwan Semiconductor supplied showed up in an AI processor created by Huawei, this month the company stopped exporting to Chinese chip designer Sophgo. Sophgo said that it has not done business with Huawei and that the U.S. Commerce Departmen
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