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Benzinga
Benzinga
Business
Anusuya Lahiri

Taiwan Semiconductor Analysts Expect Minimal Risk From Nanjing Plant Setback

Taiwan Semiconductor Semiconductor Nanjing TSM Nasdaq
Hsinchu,City,,Taiwan-,June,24,,2024:,Close-up,Of,Tsmc's,Trademark

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is confronting near-term operational risks at its Nanjing facility after the U.S. government withdrew its fast-track authorization for importing chipmaking equipment, according to analysts.

The U.S. removed Taiwan Semiconductor's Validated End User (VEU) status effective December 31, forcing the company to seek individual licenses for future shipments to its Jiangsu facility.

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