13 AI News You Probably Missed

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6. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Market Capitalization: $851 Billion  

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) makes and sells integrated circuits and semiconductors. Latest reports, published by news platform South China Morning Post, indicate that companies in China are anxiously waiting for updates from TSM about chip supplies amid tightening US curbs on chip exports to China. The US has ordered TSM to halt the supply of advanced AI chips to Chinese firms. Per the reports, Chinese firms are now waiting for TSM to elaborate on whether the US ban on GPU and AI accelerator technology also extends to CPUs, autonomous-driving chips, and high-end smartphone chips.

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