Core Viewpoint - TSMC has received an annual license from the U.S. government to export chip manufacturing equipment to its Nanjing factory in China by 2026, ensuring uninterrupted wafer operations and product delivery [1] Group 1: Licensing and Regulatory Changes - TSMC's license allows the company to obtain controlled items without needing to apply for separate export licenses, following the expiration of the "Verified End User" (VEU) policy on December 31 [1] - Prior to TSMC, Samsung Electronics and SK Hynix also received similar annual licenses from the U.S. government for exporting chip manufacturing equipment to China [1] Group 2: Impact on Operations - The approval from the U.S. Department of Commerce is crucial for TSMC's Nanjing operations, as it helps maintain the continuity of its wafer operations and product deliveries [1]
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