Bloomberg Tech US Pulls TSMC China Waiver, Tech Stocks Fall
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Sep 2, 2025 The U.S. has pulled TSMC’s waiver for shipping essential chipmaking equipment to China, raising concerns for the semiconductor industry. Major tech stocks, including Nvidia, have been on a downward trend amid these tensions. The CEO of Crypto.com discusses their new deal with Trump Media, adding an intriguing twist to the tech landscape. Meanwhile, regulatory changes are shaping investments, with discussions around Amazon's cloud services and the evolving world of generative AI applications.
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US Tightens Chip Exports To China
- The US revoked TSMC's blanket waiver for shipments to its Nanjing plant, creating yearly license hurdles and symbolic escalation in tech controls.
- The move targets preventing upgrades and expansion, slowing supplies even for older 16nm production.
Thousand New Licenses Create Supply Friction
- The new rules add roughly 1,000 extra licenses annually and strain an already under-resourced US approvals system.
- That processing friction could delay shipments of equipment, chemicals, and other suppliers to China plants.
Policy Aims To Freeze Fab Capabilities
- Restrictions focus on preventing capacity upgrades rather than allowing further expansion of China fabs.
- The policy aims to cap technological advancement inside China even for foreign-run plants.