US grants annual approval to TSMC for chipmaking tool exports to China

SEOUL, Jan 1 (Reuters) - The U.S. government has granted an annual license to Taiwan Semiconductor Manufacturing 2330.TW 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.