PANews on December 22 reported, according to Reuters citing informed sources, that the Biden administration plans to add Sophgo, an AI company affiliated with Bitmain, to the U.S. Commerce Department's restricted trade list, as the company's TSMC-manufactured chips were illegally incorporated into Huawei's AI processors.
Previous news showed that Sophgo, an AI company affiliated with Bitmain, stated in a statement that it has never had any direct or indirect business dealings with Huawei, and Sophgo has provided TSMC (TSMC) with a detailed investigation report to prove that Sophgo is not related to Huawei's investigation.