Taiwan Semiconductor Manufacturing Co. said new US restrictions on advanced chipmaking equipment bound for China are likely to weigh on its revenue growth in 2026. The warning highlights how Washington’s tighter export controls continue to reshape the global semiconductor market.

TSMC, the world’s largest contract chipmaker and a key supplier to companies including Nvidia, faces pressure from the widening US-China technology split. The company did not say the curbs would halt business in China, but it signaled that the rules could reduce sales tied to advanced manufacturing tools.

The latest measures add to a growing list of limits aimed at slowing China’s access to leading-edge semiconductors and the equipment used to make them. For TSMC, that creates another layer of uncertainty even as demand for high-end chips remains strong across artificial intelligence and data center markets.

Analysts have warned that the policy shift could ripple through the broader supply chain, affecting equipment makers, chip designers, and foundries that operate across both markets. TSMC’s comments show how trade restrictions are now becoming a material factor in corporate growth forecasts, not just a geopolitical issue.