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CoinOtag 2026-01-01 09:31:36

TSMC Secures US Export License for China Plant Amid AI Demand and Analyst Upgrades

TSMC has secured a one-year U.S. export license for its Nanjing chip plant, ensuring uninterrupted access to U.S. chipmaking equipment. This approval replaces the expired validated end-user status and supports ongoing production of mature nodes, contributing 2.4% to TSMC's 2024 revenue amid surging AI chip demand from Nvidia. TSMC Nanjing export license prevents supply chain [...]

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