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flag U.S. plans to add Chinese tech firm Sophgo to export blacklist over chip used in Huawei AI processor.

flag The Biden administration plans to add Chinese tech company Sophgo to the U.S. Commerce Department's Entity List for using a TSMC-made chip in a Huawei AI processor. flag As an affiliate of Bitmain, a Bitcoin mining equipment supplier, Sophgo's addition to the list would restrict U.S. exporters from shipping goods and technology without a license, which is typically denied. flag This action targets activities deemed harmful to U.S. national security and foreign policy.

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