TSMC to suspend production of advanced AI chips for China from Monday, FT reports [Yahoo! Finance]
GlobalFoundries Inc. (GFS)
Company Research
Source: Yahoo! Finance
advanced AI chips from Monday, the Financial Times reported, citing three people familiar with the matter. TSMC, the world's largest contract chipmaker, told Chinese customers it would no longer manufacture AI chips at advanced process nodes of 7 nanometres or smaller, FT said on Friday. The U.S. has imposed a raft of measures aimed at restricting the shipment of advanced GPU chips - which enable AI - to China to hobble its artificial intelligence capabilities, which Washington fears could be used to develop bioweapons and launch large-scale cyberattacks. Earlier this month, the U.S. imposed a $500,000 penalty on New York-based GlobalFoundries for shipping chips without authorization to an affiliate of blacklisted Chinese chipmaker SMIC. Any future supplies of the advanced AI chips by TSMC to Chinese customers would be subject to an approval process likely to involve Washington, according to the FT report. "TSMC does not comment on market rumour. TSMC is a law-abiding compan
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News
- GlobalFoundries Inc. (GFS) Secures $1.5 Billion US Grant Amid Nationwide Semiconductor Investment Push [Yahoo! Finance]Yahoo! Finance
- GlobalFoundries awarded $1.5bn subsidy [Yahoo! Finance]Yahoo! Finance
- Guggenheim upgrades SolarEdge to "neutral" [Yahoo! Finance]Yahoo! Finance
- US finalizes $1.5 billion chips award for GlobalFoundries to expand production [Yahoo! Finance]Yahoo! Finance
- GlobalFoundries and U.S. Department of Commerce Announce Award Agreement on CHIPS Act Funding for Essential Chip Manufacturing [Yahoo! Finance]Yahoo! Finance
GFS
Earnings
- 11/5/24 - Beat
GFS
Sec Filings
- 11/20/24 - Form 6-K
- 11/12/24 - Form SC
- 11/6/24 - Form SC
- GFS's page on the SEC website