China’s Ministry of Commerce has lashed out at Washington’s latest guidance on advanced artificial intelligence chip exports, accusing the United States of abusing export controls and disrupting the global semiconductor supply chain. But trade lawyers and industry insiders said the actual fallout over the new document could be far more limited than the geopolitical fireworks suggest. The US Bureau of Industry and Security (BIS) issued guidance on May 31, stating licences would be required to...
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 advanced...