The US Commerce Department
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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...
Senators blast Trump for allowing AI chips to be sent to overseas units of Chinese firms
Democratic Senators Elizabeth Warren and Andy Kim on Monday slammed the Trump administration for potentially allowing advanced American AI chips to be sent to overseas units of Chinese firms, and called on Commerce Secretary Howard Lutnick to testify to Congress on the issue, according to a statement. In a surprise move, the Department of Commerce, which oversees US exports, on Sunday issued guidance to close a potential loophole that may have led companies to export the world’s most...
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 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...
Automakers, retailers warn US memory-chip shortage is impacting prices
Automakers, retailers warn US memory-chip shortage is impacting prices WASHINGTON, June 3 : The increasing need for memory chips to power artificial intelligence data centers could lead to dramatic price hikes in U.S. consumer goods and disrupt supply chains, groups representing automakers, retailers, electronic firms and others said on Wednesday. The groups said in a letter to the U.S. Treasury and Commerce departments that "an urgent imbalance in the market for memory chips could lead to...
India-US trade talks to resume on June 1 as both sides push to finalise interim pact
Trade negotiations between India and the United States are set to gain momentum, with senior officials from both countries beginning a four-day meeting in New Delhi on Monday to work out the final details of an interim trade agreement. The US delegation will be led by chief negotiator Brendan Lynch, while India will be represented by Darpan Jain, additional secretary in the department of commerce and the country's chief negotiator for the talks. According to the commerce ministry, the...
'Preferential access': Goyal says 1st phase of India-US trade deal likely by next month
Sharing an important update on discussions for the much-anticipated India-US trade deal, Commerce minister Piyush Goyal on Friday said that the first tranche could be finalised as early as next month. India and the US are making rapid progress towards resolving the remaining issues in their proposed interim trade arrangement, with both countries expected to implement the first phase of the agreement by the middle of next month, Goyal said. According to Goyal, officials from the US were in...
Google, Microsoft and xAI agree to provide US government with early AI model access
Google, Microsoft and xAI agree to provide US government with early AI model access A day after reporting from The New York Times said the Trump administration was considering whether to tighten its oversight of the AI industry, Google, Microsoft and xAI have signed agreements to provide the federal government with early access to their AI systems. According to the The Wall Street Journal, the Commerce Department Center for AI Standards and Innovation (CAISI) will evaluate new models the...
US targets Brazil with new tariffs over trade practices
US targets Brazil with new tariffs over trade practices The US plans new 25 percent tariffs on brazilian imports, citing issues like deforestation and digital trade practices. The administration of United States President Donald Trump has proposed a new 25 percent tariff on imports from Brazil amid allegations of unfair trading practices. US Trade Representative Jamieson Greer announced the new punitive tariffs late on Monday, stemming from issues including digital trade and illegal...