BIS Strengthens Export Controls Targeting China's Acquisition Of Semiconductor Equipment, Advanced Computing Items, And Supercomputer Technologies

For the second year running, and in what may prove to be a regular process, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) has significantly expanded export controls on specific semiconductor and supercomputing capabilities to entities in the People's Republic of China. On October 17, 2023, BIS announced a package of regulations, which built on its October 7, 2022, interim final rule (IFR) and amended the Export Administration Regulations (EAR) to reinforce and expand export controls on a range of goods, software, and technology designed to restrict China's ability to purchase and manufacture advanced computing chips. Following a short, 30-day period to adjust, these rules are now largely in effect.