TSMC: I Can’t Control the Flow of Chips to Mainland China!

Recently, foreign media reported that TSMC has been accused of “illegally” manufacturing AI chips for a certain company, and the U.S. Department of Commerce is set to impose a fine exceeding $1 billion. This type of penalty is extremely rare and could even be record-breaking. The amount of this penalty is based on the illegal transaction value assessed by the U.S., which can be up to twice the amount. This means that the U.S. believes the value of the chips that TSMC “illegally” manufactured could exceed $500 million. In 2023, Seagate…

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