On September 1, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) released new guidelines to support deemed export applicants in acquiring necessary licenses. While these ...
The U.S. has revoked certain licenses for chip exports to Chinese tech giant Huawei, the Commerce Department told CNBC on Tuesday, in its latest efforts to curb China's tech power. "We continuously ...
Editor's note: This story has been updated with Intel’s disclosure to the SEC regarding its revenue expectations for the second-quarter of 2024. What Happened: The U.S. Commerce Department has revoked ...
A fourth person said some of the companies were notified on Tuesday that their licenses were revoked effective immediately. The U.S. Commerce Department earlier in the day confirmed it had revoked ...