Global | BBVA Research Big Data Geopolitics Monitor. October 23, 2024

Summary

The US Secretary of State urges Netanyahu to end the war in Gaza. Taiwanese TSMC informs the United States of potential Huawei bypass of export controls.

Key points

• Key points:
• Even though the US Secretary of State pressures Netanyahu to end the war in Gaza, Israel remains firm in its goal to continue military operations until Hamas is completely dismantled. On the other hand, Hamas refuses to release hostages without an Israeli commitment to end the war and withdraw from Gaza.
• The Taiwan Semiconductor Manufacturing Company (TSMC) informs the US Commerce Department that Huawei might be attempting to bypass U.S. export controls that prevent TSMC from producing AI chips for the Chinese company.

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