China Department of Commerce
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US says ban on AI chip shipments applies to Chinese firms outside China
US says ban on AI chip shipments applies to Chinese firms outside China Department of Commerce issues guidance on chip restrictions amid concerns about loopholes in export control regime. The United States has issued a notice affirming its restrictions on shipments of semiconductors to subsidiaries of Chinese companies located outside China amid concerns about loopholes in Washington’s export control regime. The Department of Commerce said in the guidance issued on Sunday that its licensing...
US tells companies to stop passage of Nvidia's Blackwell AI chips to China
The US Commerce Department quietly posted a notice on its website on Sunday that does something Washington has been dancing around for a year: it shuts a loophole that may have funnelled hundreds of thousands of Nvidia's most powerful AI chips to Chinese companies through their offices in countries like Malaysia. The Bureau of Industry and Security said export licence rules in place since 2023 also apply to subsidiaries of China-headquartered firms operating outside Chinese borders—a...
US takes step to halt Nvidia AI chip shipments to Chinese firms outside China
The US Department of Commerce on Sunday moved to close a year-old potential loophole it had created that may have led companies to export the world’s most advanced chips – such as Nvidia’s most sophisticated Rubin and Blackwell processors, as well as AMD’s MI350x – to Chinese entities located outside China. The unexpected guidance suggests the United States’ best artificial intelligence chips may have been making their way to the subsidiaries of Chinese AI firms based in places such as...
US takes step to halt Nvidia AI chip shipments to Chinese firms outside China
US takes step to halt Nvidia AI chip shipments to Chinese firms outside China The United States Department of Commerce on Sunday (May 31) moved to close a potential loophole that may have led companies to export the world's most advanced chips - like Nvidia's most sophisticated Blackwell processors - to subsidiaries of Chinese companies located outside China. The unexpected guidance suggests that the US' best AI chips may have been making their way to the subsidiaries of Chinese artificial...
Trump wants to ‘manage’ China trade. Businesses see a tariff opening.
President Donald Trump says he wants to create a new “board of trade” to manage commerce with China. Business groups aren’t sure exactly how it would work, but they know they want to get in on the action. K Street lobbyists are growing increasingly optimistic that the administration’s vague proposal for a body to oversee trade with China, an idea first teased by U.S. Trade Representative Jamieson Greer in March, could evolve into a major channel for tariff relief between the world’s two...
US says BYD, Baidu, Alibaba and other tech giants are aiding China's military
US says BYD, Baidu, Alibaba and other tech giants are aiding China's military WASHINGTON: The US on Monday (Jun 8) added Chinese e-commerce giant Alibaba, internet search provider Baidu and automaker BYD to a list of companies it believes are aiding Beijing's military, in a move that could inflame tensions between the countries. The long-awaited update supersedes a list from early 2025, and comes less than a month after President Donald Trump met China's Xi Jinping on a visit to Beijing,...
Nvidia CEO Jensen Huang declines Warren’s request to testify at AI hearing
Nvidia CEO Jensen Huang has declined an invitation from Sen. Elizabeth Warren, D-Mass., to testify at a Senate committee hearing later this week about American AI development, NBC News has learned. Thursday’s hearing, held by the Senate Committee on Banking, Housing, and Urban Affairs, will examine AI’s role in American innovation, affordability and technological dominance. Warren had requested Huang’s attendance to learn more about Nvidia’s business in China and its approach to export...
Trump’s AI order is a blow against laissez-faire
It was messy, muted and far less ambitious than Silicon Valley’s critics had hoped for. But supporters of tougher federal scrutiny of artificial intelligence still see President Donald Trump’s much-awaited AI executive order as a long-term win for their side. Tuesday’s order, signed with no celebration after weeks of mixed signals from the White House, nonetheless represents a sea change in Washington’s willingness to tighten oversight of the technology, a politically...
China, tungsten and a supply shock in metal critical for war that will last far beyond Iran conflict
The Iran war has caused well-documented price spikes and shortages on a range of items Americans depend upon. Oil and gas, of course, but also petrochemicals and everything derived from them (e.g. plastics) and helium are among raw materials that have been besieged by the closure of the Strait of Hormuz. Still, there is another element which has seen its price surge amid increasingly short supply because of war, but where the shock will not relent even if the Strait is reopened.