TSMC denies U.S. is probing the company after report suggests blacklisted Huawei is using its chips

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TSMC has denied a report that the U.S. is investigating its dealings with Huawei, following news that one of its chips has been found in a Huawei product.

TSMC has denied a report that it is under investigation by the U.S. Commerce department for supposed dealings with Chinese tech company Huawei.

The statement comes a day after a separate report claimed that a TSMC chip had been found in a Huawei product.has denied that the U.S. was investigating its dealings with Chinese tech company Huawei, following reports that its chips were found in the Shenzhen-based firm's products.

TSMC, which is the world's largest contract chip manufacturer, said that it has not supplied chips to Huawei since mid-September 2020.Tuesday that one of TSMC's chips had recently been found in a Huawei product, indicating possible export violations and prompting the chip maker to notify the Commerce Department.

Citing anonymous sources, the report claimed the discovery was made after tech research firm TechInsights took apart a Huawei product and found a TSMC chip as part of its multi-chip system. TechInsights has yet to release a public report on its findings and has not yet responded to a request for comment from CNBC.There has been renewed attention on Huawei and its access to advanced semiconductor tech since it released a smartphone containing aStratospheric robotic cameras on balloons could help you get insurance claims faster

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