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The United States has revoked Taiwan Semiconductor Manufacturing Company’s (TSMC) license that allowed it to send advanced technology to China. The move, similar to actions against Samsung and SK Hynix, may disrupt TSMC’s operations in China, though its factories there mainly produce older-generation chips. The U.S. government said the restriction will take full effect by year’s end, but it is unclear when new licenses might be approved. TSMC said it remains committed to its China operations while evaluating the situation.

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