On May 13, 2025, the Department of Commerce’s Bureau of Industry and Security (BIS) announced a recission of the Biden administration’s January 15, 2025 Artificial Intelligence Diffusion Interim Final Rule (“AI Diffusion...more
Key Takeaways - ..New export controls are in place that impose significant new restrictions for U.S. and foreign businesses operating in the semiconductor and advanced computing industry in China. ..The new controls...more