CryptoMediaClub
Sunday, November 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
126
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

Elon Musk’s Tesla and SpaceX Join 67 Firms Rejecting OKXICE Tokenised Stocks
All news

Elon Musk’s Tesla and SpaceX Join 67 Firms Rejecting OKXICE Tokenised Stocks

07.11.2026
0

Elon Musk’s Tesla and SpaceX have joined a growing list of companies rejecting OKXICE tokenized stocks trading platform, bringing the...

Read moreDetails
Bitbase 2.0 Launches With Redesigned Platform and New Points System

Bitbase 2.0 Launches With Redesigned Platform and New Points System

06.11.2026
Claude AI Predicts and Backs Claver’s $10K XRP Price Prediction as Anthropic Faces Pompliano Backlash

Claude AI Predicts and Backs Claver’s $10K XRP Price Prediction as Anthropic Faces Pompliano Backlash

06.11.2026
Hollywood Prediction Market Faces Insider Scare: James Bond Casting Bets Shift

Hollywood Prediction Market Faces Insider Scare: James Bond Casting Bets Shift

06.11.2026
Paraguay Bank Collapse Shows Why Bitcoin Was Created as USDT Hits Premium

Paraguay Bank Collapse Shows Why Bitcoin Was Created as USDT Hits Premium

06.11.2026
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

US corporate interest in crypto strong despite implementation hurdles

US corporate interest in crypto strong despite implementation hurdles

3 years ago
Kraken Expands Equities Offering in the US With New Ways to Earn Passive Income

Kraken Expands Equities Offering in the US With New Ways to Earn Passive Income

1 year ago
CP Media Covers Everything You Need to Know About Tokens

CP Media Covers Everything You Need to Know About Tokens

3 years ago
Ethereum Price Prediction: $536M BTC ETF Outflows Trigger ETH Liquidity Test – Can $3,800 Support Hold? 

Ethereum Price Prediction: $536M BTC ETF Outflows Trigger ETH Liquidity Test – Can $3,800 Support Hold? 

1 year ago

Categories

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

Highlights

Bitcoin traders could mistake this Binance data change for a rush to sell

MEXC sees $126 million outflows as US targets exchange over $16.7 billion in suspected illicit transactions

Stablecoin contraction forces Bitcoin drop despite Fed reserve gains

Millions watched Kalshi’s election odds without betting a dollar

Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure

AI watchdog report indicates we may have less than 6 months before AI super intelligence arrives

Trending

Wall Street can stop a tokenized share, but can it stop a stock perp?
Analysis

Wall Street can stop a tokenized share, but can it stop a stock perp?

08.11.2026
0

Costco recently made news when it strongly objected to a blockchain version of its shares. And while...

Higher wages don’t have to mean higher inflation. That could matter for Bitcoin

Higher wages don’t have to mean higher inflation. That could matter for Bitcoin

08.11.2026
Zcash’s new security fund is 99.7% old money

Zcash’s new security fund is 99.7% old money

07.11.2026
Bitcoin traders could mistake this Binance data change for a rush to sell

Bitcoin traders could mistake this Binance data change for a rush to sell

07.11.2026
MEXC sees $126 million outflows as US targets exchange over $16.7 billion in suspected illicit transactions

MEXC sees $126 million outflows as US targets exchange over $16.7 billion in suspected illicit transactions

07.11.2026
  • 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