• 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

Crypto Market Experiences Dip Following Iran's Closure of Strait of Hormuz

chest

The cryptocurrency market faced a decline after Iran announced the closure of the Strait of Hormuz, impacting digital asset prices.

user avatarNguyen Van Long

Michael Saylor's Strategy Plans Major Bitcoin Acquisition

chest

Michael Saylor's company, Strategy, is preparing for a significant Bitcoin purchase, potentially exceeding previous acquisitions.

user avatarSatoshi Nakamura

Bitcoin Mining Sector Faces Critical Health Metrics

chest

The Bitcoin mining sector is facing critical health metrics, indicating potential challenges for miners.

user avatarJesper Sørensen

Proposed Clarity Act Aims to Enhance XRP Adoption

chest

The proposed Clarity Act aims to define rules around crypto assets, potentially accelerating XRP's adoption.

user avatarLucas Weissmann

US Regulators Classify XRP, Bitcoin, and Ethereum as Digital Commodities

chest

US regulators classify XRP, Bitcoin, and Ethereum as digital commodities, marking a significant regulatory shift.

user avatarRajesh Kumar

Alibaba's AI Model Predicts XRP Could Exceed $7 This Year

chest

Alibaba's AI model predicts XRP could exceed $7 this year.

user avatarFilippo Romano

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.