President Donald Trump's nominee for NASA administrator, Jared Isaacman, was arrested on fraud charges in 2010 and faced lawsuits in two states for writing $2 million in bad checks to casinos, according to government records and court filings.

Taiwan Semiconductor Manufacturing could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that ended up inside a Huawei AI processor, according to two people familiar with the matter.

Restrictions on Nvidia AI processors are meant to stop its chips from reaching China.

The Biden administration plans to blacklist a Chinese company whose TSMC-made chip was illegally incorporated into a Huawei artificial-intelligence processor, according to a person familiar with the matter.

The US order comes just weeks after TSMC notified that one of its chips had been found in a Huawei AI processor.