Bitcoin Miner Bitmain Faces Regulatory Crossfire
TSMC stopped chip shipments to Xiamen Sophgo, linked to Bitmain’s Micree Zhan, amid a U.S. sanctions probe involving Huawei. Taiwan Semiconductors Manufacturing Company (TSMC) allegedly blocked chip shipments to Xiamen Sophgo, a Chinese semiconductor company associated with Micree Zhan, the co-founder and chairman of Bitmain. This happens in the midst of an ongoing investigation by […]
TSMC Hits $1T Amid AI Demand Surge
TSMC becomes the first Asian company to reach a $1 trillion market cap, briefly surpassing Berkshire Hathaway, driven by its extensive semiconductor portfolio. On June 20, Taiwan Semiconductor Manufacturing Company Limited (TSMC), which is more commonly known as TSMC, briefly surpassed Berkshire Hathaway to become the eighth most valuable company in the world, becoming the […]