CryptoMediaClub
Thursday, October 8, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Bitmain Denies Involvement in TSMC-Huawei Supply Chain Probe

28.10.2024
A A
0
125
VIEWS
ShareShare

Bitmain, a major cryptocurrency mining equipment manufacturer, clarified on Monday that it has no involvement in the current supply chain investigation, amid allegations of restricted TSMC chips appearing in Huawei’s AI processors.

比特大陆声明 pic.twitter.com/AJ8papabsl

— BITMAIN (@BITMAINtech) October 28, 2024

According to a statement from Bitmain, the company focuses solely on cryptocurrency mining equipment and has no connection to recent reports suggesting its role in supplying restricted TSMC chips found in Huawei’s technology.

“BITMAIN specializes in cryptocurrency mining rigs and is not connected to the supply chain investigation recently reported by the media,” the statement reads.

The company further emphasized that any news suggesting otherwise is “false and baseless,” and it reserves the right to take legal action against any media outlets disseminating inaccurate information.

Bitmain Denies Supply Chain Involvement

Reports from sources, including Reuters, recently indicated that TSMC discovered one of its chips embedded in a Huawei AI processor, leading the company to halt shipments to Chinese chip designer Sophgo.

Sophgo, described as a Bitmain affiliate, reportedly became a focus in the investigation after its chips were allegedly linked to Huawei’s processor.

TSMC Chips Found on Huawei’s Processor

Sophgo had ordered chips from TSMC that allegedly matched those later found in Huawei’s Ascend 910B AI processor.

Following this discovery, TSMC reportedly alerted U.S. authorities due to export restrictions on Huawei.

Sophgo, however, maintains that it complies with all legal requirements and has denied any direct business relationship with Huawei.

The company has provided a report to TSMC to clarify its position and affirm its independence.

TSMC, the largest contract chipmaker, confirmed it stopped supplying Huawei in mid-September 2020 to comply with U.S. export restrictions.

The post Bitmain Denies Involvement in TSMC-Huawei Supply Chain Probe appeared first on Cryptonews.

Share10Tweet6ShareSharePin2

Related Posts

Sam Altman ChatGPT AI Predicts XRP Could Hit an Unbelievable Price by 2027
All news

Sam Altman ChatGPT AI Predicts XRP Could Hit an Unbelievable Price by 2027

08.10.2026
0

OpenAI’s ChatGPT AI predicts that if a monumental event lands for Ripple, XRP could surge to $50 or more. In...

Read moreDetails
ZEC Gets a WINK as Winklevoss Files for Nasdaq ETF

ZEC Gets a WINK as Winklevoss Files for Nasdaq ETF

07.10.2026
XRP Price Eyes New Catalyst as Ripple Partners With South Korea’s Meritz

XRP Price Eyes New Catalyst as Ripple Partners With South Korea’s Meritz

07.10.2026
Bitcoin Price Prediction: Should You Buy Gold or BTC Before FOMC?

Bitcoin Price Prediction: Should You Buy Gold or BTC Before FOMC?

07.10.2026
XRP News: XRPL $2.2B Tokenization Depends on Energy Token

XRP News: XRPL $2.2B Tokenization Depends on Energy Token

07.10.2026
Load More
Next Post
BIS Automates Cross-Border Payments Compliance

BIS Automates Cross-Border Payments Compliance

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Coinbase Invests in Flatcoin Ecosystem Growth

Coinbase Invests in Flatcoin Ecosystem Growth

2 years ago
Claude and Gemini Both Just Predicted Ripple XRP Hits $5 to $8: Do the On-Chain Signals Actually Back It Up?

Claude and Gemini Both Just Predicted Ripple XRP Hits $5 to $8: Do the On-Chain Signals Actually Back It Up?

5 months ago
Tapbit Strengthens Global Compliance Framework Under CEO Leadership, Reinforcing User Trust

Tapbit Strengthens Global Compliance Framework Under CEO Leadership, Reinforcing User Trust

6 months ago
Ethereum News: Arthur Hayes Buys $5.4M in ETH After Iran Peace Deal

Ethereum News: Arthur Hayes Buys $5.4M in ETH After Iran Peace Deal

4 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

ZEC Gets a WINK as Winklevoss Files for Nasdaq ETF

As Japanese institutions sell ¥2.6 trillion in foreign debt, here’s what Bitcoin investors need to watch

XRP Price Eyes New Catalyst as Ripple Partners With South Korea’s Meritz

Bitcoin Price Prediction: Should You Buy Gold or BTC Before FOMC?

XRP News: XRPL $2.2B Tokenization Depends on Energy Token

S&P brings ratings-style scrutiny to $10 billion crypto vault market as $6 million Base incident exposes risks

Trending

Bitcoin price has risen 84% since January 2024 while Treasury yields climbed
Analysis

Bitcoin price has risen 84% since January 2024 while Treasury yields climbed

08.10.2026
0

Bitcoin traded below $84,000 on Oct. 7 as US Treasury yields near 5.3% offered investors a competing...

Sam Altman ChatGPT AI Predicts XRP Could Hit an Unbelievable Price by 2027

Sam Altman ChatGPT AI Predicts XRP Could Hit an Unbelievable Price by 2027

08.10.2026
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation

Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation

07.10.2026
ZEC Gets a WINK as Winklevoss Files for Nasdaq ETF

ZEC Gets a WINK as Winklevoss Files for Nasdaq ETF

07.10.2026
As Japanese institutions sell ¥2.6 trillion in foreign debt, here’s what Bitcoin investors need to watch

As Japanese institutions sell ¥2.6 trillion in foreign debt, here’s what Bitcoin investors need to watch

07.10.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz