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According to a person familiar with the matter, the Biden administration plans to add Bitmain-linked artificial intelligence company Sophgo to the U.S. Commerce Department's restricted trade list because the company's TSMC-made chips were illegally incorporated into Huawei's artificial intelligence processors.
Sophgo, an artificial intelligence company linked to Bitmain, said in a statement that it had never had any direct or indirect business relationship with Huawei and had provided TSMC with a detailed investigation report. Previously, it was reported that the US Department of Commerce launched an investigation into TSMC earlier this month to confirm whether it provided chips to Huawei, and then TSMC stopped supplying chips to Sophgo, an artificial intelligence company affiliated with Bitmain.
Hut 8 Corp. announced the expansion of its partnership with Bitmain Technologies to launch its next-generation ASIC miner, the U3S21EXPH. Hut 8 plans to deploy the model via a 15 exahash per second colocation agreement in the second quarter of 2025, leveraging custom data center infrastructure developed in-house. According to the press release, the initial agreement includes approximately 15 EH/s and is expected to increase the hash rate managed by Hut 8 from 18.5 EH/s to approximately 33.5 EH/s...
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