The US Government is set to blacklist Chinese company Sophgo for its involvement with a TSMC-made chip found in a Huawei AI processor, Reuters has reported citing sources. This move is said to be ...

Crypto miners in the US are experiencing delays receiving deliveries of new equipment, threatening their competitiveness and profit margins, as the Chinese juggernaut that supplies the bulk of their ...

US mining companies are experiencing delays in receiving shipments of application-specific integrated circuits (ASICs) — the ...

U.S. mining companies are facing significant delays in receiving Bitcoin mining equipment from Bitmain due to tighter ...

Plus, the U.S. government is issuing trade restrictions against Sophgo, a Chinese computer chip company helmed by Bitmain CEO Micree Zhan, and F2Pool might be filtering transactions from OFAC ...

WASHINGTON: The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including Zhipu AI, a developer of large language models, and Sophgo, a ...

The seizures come after earlier concerns that some mining units contained AI chips sourced from Sophgo, a Chinese company that the U.S. has placed under trade restrictions. However, recent ...

The sanctioned companies also include SophGo, a company accused of selling TSMC chips to Huawei. SophGo has issued a statement clarifying it has never had direct or indirect business ties with Huawei.

The US Department of Commerce, under the Biden administration, also added Sophgo — an AI company with links to Bitmain — to its blacklist of foreign entities restricted from receiving US AI ...

The delays coincide with the US Commerce Department’s blacklisting of Bitmain’s artificial-intelligence affiliate Xiamen Sophgo Technologies in January, when it accused the firm of “acting at the ...