US to push TSMC, Samsung into tightening China chip supplies- Bloomberg.

The U.S. is planning more regulations aimed at limiting the flow of advanced chips made by TSMC and its peers into China, Bloomberg reported on Wednesday, adding to the flurry of restrictions imposed by the Biden administration in recent years.

The proposed measures will encourage manufacturers such as TSMC (NYSE:TSM), Samsung Electronics Co Ltd (KS:005930), and Intel Corporation (NASDAQ:INTC) to more carefully scrutinize their customers for ties to blacklisted Chinese organizations, the Bloomberg report said. 

The Bloomberg report comes just days after the U.S. introduced even more restrictions on the export of advanced artificial intelligence chips, in a continued effort to cut China off from advances in the fast-growing technology.

Source: INVESTING