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home / articles / TECH - TSMC Seeks Permanent US Approval As Geopolitical Tensions Rise Aims to Secure Chip Supplies | Benzinga


TECH - TSMC Seeks Permanent US Approval As Geopolitical Tensions Rise Aims to Secure Chip Supplies | Benzinga

Taiwan Semiconductor Manufacturing Co (NYSE: TSM) is applying for permanent approval to ship U.S. chip equipment to its facility in Nanjing amid intensifying U.S.-China geopolitical friction.

The Bureau of Industry and Security (BIS) recommended that TSMC apply for a Validated End-User (VEU) authorization, a permanent authorization, Nikkei Asia reports.

Also Read: Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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