Commerce Department

U.S. stops granting export licenses for China’s Huawei – sources

The Biden administration has stopped approving licenses for U.S. companies to export most items to China's Huawei, according to three…

3 years ago

Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources…

3 years ago

Exclusive: Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S.

The Biden administration plans to spare SK Hynix and Samsung from the brunt of new restrictions on memory chipmakers in China aimed…

3 years ago

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence…

3 years ago

U.S. considers crackdown on memory chip makers in China

The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory…

3 years ago

Exclusive: Biden to waive tariffs for 24 months on solar panels hit by probe

President Joe Biden will declare a 24-month tariff exemption on Monday for solar panels from four Southeast Asian nations after…

3 years ago

S&P, Dow futures edge higher ahead of GDP data; Nvidia slides

Futures tracking the Dow and S&P 500 rose on Thursday, ahead of data that will likely offer clues on how…

4 years ago

EXCLUSIVE Ukraine war spurs U.S. to ramp up security probe of software maker Kaspersky

The Biden administration ramped up a national security probe into Russia's AO Kaspersky Lab antivirus software earlier this year amid…

4 years ago

U.S. economy likely regained steam in Q4, 2021 growth seen best in 37 years

U.S. economic growth likely accelerated in the fourth quarter as businesses replenished depleted inventories to meet strong demand for goods,…

4 years ago