Taiwan Semi, Samsung, Intel May Face Stricter US Rules on Chip Exports to China Over Security Concerns

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Taiwan Semi, Samsung, Intel May Face Stricter US Rules on Chip Exports to China Over Security Concerns - Benzinga

Quick Summary:

Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Samsung Electronics (OTC:SSNLF), and Intel Corp (NASDAQ:INTC) could face more cumbersome export regulations as the U.S.aims to restrict China’s access to advanced chips, citing national security threats.

The Biden administration’s latest measures seek to encourage the chipmakers to analyze and perform more due diligence on customers carefully, Bloomberg cites unnamed sources familiar with the matter.

Prior reports alleged Taiwan Semiconductor-made chips finding a way to the blacklisted Chinese company Huawei Technologies Co.