Recently, there have been rumors in the market that Taiwan Semiconductor's Nanjing factory has obtained a message of "indefinite exemption authorization" from the US Department of Commerce. On June 19th, when asked by the media, TSMC stated that the US Department of Commerce has recently issued a "Validated End-User" (VEU) authorization to TSMC (Nanjing) Co., Ltd. This formal VEU authorization replaces the temporary written authorization issued by the Department of Commerce since October 2022. This VEU authorization does not add new permissions, but confirms that the items and services involved in US export control regulations can continue to be provided to TSMC (Nanjing) Co., Ltd. for a long-term, continuous period, and suppliers do not need to obtain individual licenses. This VEU authorization maintains the current status of TSMC (Nanjing) Co., Ltd.'s production of semiconductors.