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Benzinga
Benzinga
Business
Anusuya Lahiri

Taiwan Semiconductor Acts Early To Dodge US Export Curbs, Drops Chinese Tools From Chip Plants

Tainan,,Taiwan-,September,30,,2021:,Taiwan,Semiconductor,Manufacturing,Company,(tsmc)

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is removing Chinese chipmaking tools from its top facilities to shield production from potential U.S. export curbs, underscoring rising geopolitical tensions.

Meanwhile, Washington is easing restrictions and approving fresh Nvidia (NASDAQ:NVDA) chip orders to sustain U.S. tech dominance and keep Chinese firms reliant on American hardware.

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