Taiwan Semiconductor (NYSE:TSM) will no longer build advanced artificial intelligence processors for Chinese companies as of next week, amid the push from the U.S. to impede China's ambitions, the Financial Times reported.

TSMC will no longer manufacture AI chips at advanced process nodes of 7 nanometers or smaller for Chinese firms, per reports.

Nov 8 (Reuters) - Taiwan Semiconductor Manufacturing Company has notified Chinese chip design companies that it is suspending production of their advanced AI chips from Monday, Financial Times reported on Friday, citing three people familiar with the matter.

Taiwan Semiconductor Manufacturing Company has notified Chinese chip design companies that it will suspend production of their most advanced artificial intelligence chips, as Washington continues to impede Beijing’s AI ambitions.