The U.S. Department of Commerce is considering adding Sophgo, an artificial intelligence company affiliated with BitContinental, to the restricted trade list.

BlockBeats News, December 22, according to Reuters citing informed sources, the Biden administration plans to include Sophgo, an artificial intelligence company associated with Bitmain, on the U.S. Department of Commerce's Entity List due to the company's use of TSMC-manufactured chips in Huawei's AI processor.

BlockBeats previously reported that on October 27, Sophon Computing Technology Co., Ltd. (Sophgo) issued a statement denying any direct or indirect business relationship with Huawei. The statement pointed out that the U.S. Department of Commerce's investigation into the relationship between TSMC and Huawei is unrelated to Sophgo and its products, and the company has always strictly complied with relevant regulations including U.S. export controls. Sophgo has provided TSMC with a detailed investigation report to prove that the company is not involved in the Huawei investigation incident. In addition, Sophgo stated that it reserves the right to take legal action against any individual or entity that damages the company's commercial reputation.