Bureau of Industry and Security

The Trump Administration announced on Tuesday that it has added more than 50 Chinese organizations to an export restriction list in an effort to hamper the development of China’s advanced AI, semiconductors and supercomputing capabilities.   The Details: The U.S. Bureau of Industry...

Semiconductor Wafer Shipments To China  The Department of Commerce's Bureau of Industry and Security (BIS) imposed a civil penalty of $500,000 against GlobalFoundries Inc. (NASDAQ:GFS) last Friday. The penalty is related to shipments of semiconductor wafers valued at approximately $17.1...