Qualcomm's new CEO says Huawei chip ban adds much needed capacity at TSMC

, Qualcomm’s incoming Chief Executive Officer Cristiano Amon says that U.S. sanctions against will help alleviate a global chip shortage. Currently, Huawei’s in-house chip design unit HiSilicon cannot get its designs manufactured by foundries because of the U.S. export rule change that took effect in the middle of last September. Under the new rule, foundries world-wide that use U.S. tech to manufacture semiconductors cannot deliver them to Huawei without consent from the U.S. Commerce Department.
Huawei’s chip ban will help prevent a global chip shortage
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