U.S. grants annual approval to TSMC for chipmaking tool exports to China

This photo shows the logo of TSMC (Taiwan Semiconductor Manufacturing Company) during the Taiwan Innotech Expo at the World Trade Center in Taipei, Taiwan. (AP Photo/Chiang Ying-ying, File)

SEOUL — The U.S. government has granted an annual license to Taiwan Semiconductor Manufacturing Co to bring in chip manufacturing equipment to its facilities in Nanjing, China, the chipmaker said on Thursday.

“The U.S. Department of Commerce has granted TSMC Nanjing an annual export license that allows U.S. export-controlled items to be supplied to TSMC Nanjing without the need for individual vendor licenses,” it said in a statement to Reuters.

“This license, issued before the December 31, 2025 expiration of existing Validated End-User (VEU) authorization, ensures uninterrupted fab operations and product deliveries,” it said.

(Reporting by Hyunjoo Jin and Wen-Yee Lee; Editing by Chizu Nomiyama)