On 7 October 2022, the U.S. Commerce Department, Bureau of Industry and Security (“BIS”) announced a sweeping set of export control rules aimed at restricting China’s ability to obtain advanced computing chips, develop and maintain supercomputers, and manufacture advanced semiconductors. The new rules, titled the Implementation of Additional Export Controls: Certain Advanced Computing and Semiconductor Manufacturing Items; Supercomputer and Semiconductor End Use; Entity List Modification (full text can be found here), follow several regulatory and enforcement actions taken over the past few months and is a part of the ongoing review of BIS’s export control policies towards China.
Source Ashurst
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