WASHINGTON (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd, which unveiled a $12 billion investment plan in Arizona on Friday, has not been given any assurances that it will be granted a license to allow it to sell U.S. technology to China’s Huawei, a senior U.S. official said.
TSMC, the world’s biggest contract chipmaker, announced its plans on Friday just hours before the Trump administration outlined a proposal to amend tech export rules that could restrict TSMC’s sales to Huawei, which is blacklisted by the United States because it is considered a national security threat.
The new rule, unveiled by the Commerce Department and first reported by Reuters, expands U.S. authority to require licenses for sales to Huawei of semiconductors made abroad with U.S. technology, vastly expanding Washington’s reach to halt exports to the world’s No. 2 smartphone maker.
“There’s no assurance whatsoever on that,” Keith Krach, the U.S. undersecretary for