• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Sophgo to Face Blacklist: Implications for Chinese Tech

user avatar

by Giorgi Kostiuk

a year ago


The US government is preparing to place the Chinese company Sophgo on a blacklist due to its involvement in a chip scandal related to Huawei. This decision may severely impact Chinese tech companies.

Sophgo's connection to Huawei

Sophgo allegedly provided a key AI chip for Huawei’s Ascend 910B processor. The chip was manufactured by TSMC and its order was surrounded by suspicious circumstances. Following the blacklist proposal, the company faces the risk of losing access to critical US technologies.

Investigation and its consequences

The scandal began when researchers discovered that the Ascend 910B chip shares a design with a chip ordered by Sophgo from TSMC. This triggered TSMC's decision to halt shipments to Sophgo. The US has banned the export of advanced chips to China without licenses, yet evidence suggests that Huawei and Sophgo continue to work together.

Crypto links and China's AI ambitions

Sophgo's issues are linked not just to Huawei but also to Bitmain, a Bitcoin mining powerhouse founded by Micree Zhan. The use of Bitmain's corporate emails by Sophgo raises further concerns. Meanwhile, Huawei plans to mass-produce a new AI chip, the Ascend 910C.

The situation with Sophgo and its link with Huawei highlights the tension in US-China relations. These events could influence the future of Chinese technology and its access to global markets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Senator Elizabeth Warren Raises Concerns Over OCC's Crypto Charters

chest

Senator Elizabeth Warren raises concerns about the OCC's approval of national trust bank charters for crypto firms, questioning their eligibility and potential regulatory violations.

user avatarElias Mukuru

XRP ETFs Experience Record Inflows Amid Market Consolidation

chest

XRP spot ETFs have recorded their highest weekly inflow since January 2026, totaling $605 million, despite a low price environment.

user avatarMohamed Farouk

Citadel Advisors Takes Major Position in XRP ETFs

chest

Citadel Advisors has reportedly made significant moves into Spot XRP ETFs, closing all put options on the Canary XRP ETF while maintaining call options, signaling a bullish outlook on XRP prices.

user avatarDiego Alvarez

Strategy's Bitcoin Accumulation Strategy Advances

chest

Strategy has significantly increased its Bitcoin holdings, now controlling 843,738 BTC, and is planning to repurchase $1.5 billion of its 2029 convertible notes.

user avatarKenji Takahashi

Ethereum Dominates Decentralization Over Solana

chest

Ethereum continues to lead in decentralization, significantly outpacing Solana in validator count.

user avatarMaria Fernandez

CharuSan Predicts XRP Rally to 300 Post-CLARITY Act

chest

Market expert CharuSan outlines a roadmap for XRP to reach 300, driven by increased utility from the CLARITY Act.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.