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-0.00266026811329608 5.2162119868504E-05 -0.00217046580773043 -0.00633769756402902 -0.0128318814876637 -0.0119967659485682 -0.018152417714256 -0.0157007980804339
Stock impact report

Democratic lawmaker takes aim at Biden over TSMC chip in Huawei product, document shows [Yahoo! Finance Canada]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
administration for "apparent lax monitoring" of TSMC following revelations a chip produced by the Taiwanese chipmaker ended up in a product made by China's heavily sanctioned Huawei. In a letter reviewed by Reuters, the influential lawmaker also took the government to task for "repeated leadership failures" in enforcement of U.S. export rules after TSMC informed the U.S. that one of its chips had been found in a Huawei AI processor, a possible violation of U.S. restrictions on the Chinese telecommunications equipment maker. "TSMC's production of chips for Huawei has serious implications for U.S. national security," Warner, who chairs the powerful Senate Intelligence Committee, said in the letter to President Joe Biden dated Oct. 30. "I urge you to swiftly take immediate steps to assess and strengthen the efficacy of existing controls," he added. The White House, Huawei and the Chinese Embassy in Washington did not immediately respond to requests for comment. TSMC declined to c Show less Read more
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