US Investigates TSMC's Alleged Partnership with Huawei

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is under scrutiny by the United States, facing potential fines exceeding $1 billion. The probe centers on whether TSMC violated US sanctions against Huawei Technologies Co., Ltd. by collaborating on smartphones and AI-powered chips.

TSMC's Response to the Investigation

Following the announcement of the investigation by the US Commerce Department, TSMC pledged to "take prompt action to ensure compliance" with the sanctions. Huawei, sanctioned in the US due to alleged ties with the Chinese government, is at the heart of this controversy.

More updates on this developing story are expected soon...