TSMC faces a potential $1 billion U.S. fine for making chips for banned Huawei.

TSMC, the world's largest contract chipmaker, may face a $1 billion fine from the U.S. for allegedly producing chips for Huawei, which is banned without a license due to national security concerns. The investigation highlights the complex global tech supply chains and the U.S.-China tech rivalry. If found guilty, TSMC could face a significant financial setback and strained relations with the U.S. government.