AND SO IT BEGINS: US orders TSMC to halt shipments of advanced AI chips to China

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The U.S. ordered Taiwan Semiconductor Manufacturing Co (TSM, 2330.TW)to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday, according to a person familiar with the matter.

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The Department of Commerce sent a letter to TSMC imposing export restrictions on certain sophisticated chips, of 7 nanometer or more advanced designs, destined for China that power AI accelerator and graphics processing units (GPU), the person said.

https://finance.yahoo.com/news/exclusive-us-ordered-tsmc-halt-003224046.html

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h/t Truther Speaks