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Chip Giant TSMC Shares Drop 2% After US Revokes Waiver For China Shipments
Forbes· 2025-09-02 23:35
ToplineThe U.S. has revoked a waiver allowing Taiwan Semiconductor Manufacturing Company, the world’s largest semiconductor firm by market value, to ship to its China-based facilities freely, the company told Forbes on Tuesday, as TSMC’s shares dropped as much as 2%. The U.S. has previously revoked similar shipping status for Samsung, SK Hynix and Intel. Anadolu via Getty ImagesKey FactsThe U.S. informed TSMC the company’s validated end user (VEU) status would be revoked for its Nanjing, China, production f ...