Thousands of license applications by U.S. companies to export goods and technology around the globe, including to China, are ...

Huawei’s new CloudMatrix supercomputer has outperformed NVIDIA’s platform, signaling a global AI power shift as US chip bans backfire and China gains ground with sovereign AI technology.

The current backlog of license applications is the longest in more than three decades, according to one US official. In fiscal year 2023, the BIS processed 37,943 export license applications. However, ...

Thousands of US export license applications, including high-value tech shipments to China, are stuck in limbo due to bureaucratic dysfunction within the Commerce Department’s Bureau of Industry and ...