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The official document, "Commerce Implements New Export Controls on Advanced Computing and Semiconductor Manufacturing Items to the People’s Republic of China (PRC)", issued for immediate release on October 7, 2022, by the Department of Commerce's Bureau of Industry and Security details the new export control rulings. [1]
The US government has imposed fresh export controls on the sale of high tech memory chips used in artificial intelligence (AI) applications to China. The rules apply to US-made high bandwidth ...
Shares of Nvidia fell more than 2%, while Advanced Micro Devices (AMD) fell about 1.5% on the news in extended trading. The Commerce Department will stop the shipments of chips made by Nvidia and ...
U.S. officials are considering tightening an export control rule designed to slow the flow of artificial intelligence chips to China by clamping down on the amount of computing power the chips can ...
Export control is legislation that regulates the export of goods, software and technology. Some items could potentially be useful for purposes that are contrary to the interest of the exporting country. These items are considered to be controlled. The export of controlled item is regulated to restrict the harmful use of those items. [1]
A shipment or transmission out of the US, including sending or taking an item out of the US in any manner. [11] Releasing or transferring technology or source code (but not object code) to a foreign person in the US, which the EAR consider an export to the foreign person's most recent country of citizenship or residency. [12]
The U.S. will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a U.S. official said, as part of the Biden administration's upcoming ...
The Export Control Reform Act of 2018 (ECRA) authorizes the American President to control exports for national security and foreign policy purposes. ECRA is the statutory basis for the Export Administration Regulations (EAR), which are administered by the Bureau of Industry and Security (BIS) in the Department of Commerce .