TSMC halted shipments to a client after its chips were found in Huawei products, per reports. TSMC and other chipmakers are barred from doing business with Huawei without US government approval.
The company understands its most significant risk is geopolitical and is taking steps to reduce the magnitude.
Nvidia outsources manufacturing to Taiwan Semiconductor Manufacturing Company, so the latter's comments carry great weight among investors.
Taiwan Semiconductor Manufacturing Company Limited's AI train isn't slowing down, even as its foundry peers falter. TSMC's technological edge, capacity advantages, and “insane” AI demand are expected to sustain growth. Geopolitical risks and AI overinvestment are critical risks but likely overstated.
The dominant manufacturer is extending its lead over rivals.
Following a blowout Q3 performance and positive outlook, let's look at what makes TSMC a compelling stock to buy.
The Republican chairman of the U.S. House of Representatives Committee on China demanded answers on Wednesday from the Commerce Department and TSMC after a chip made by the Taiwanese company was found in a device made by China's Huawei.
Taiwan Semiconductor Manufacturing Co has suspended shipments to a customer after it discovered that one of its chips supplied to the client ended up in a Huawei product, according to a Taiwan official familiar with the situation.
The chip manufacturing giant's potent technology is capturing AI demand.
Will the world's largest contract chipmaker split its high-flying stock?
TSMC's stock is trading at an all-time high, but the room for growth remains large.
Sales are accelerating, and management sees this as the early stages of a sustainable rebound.