With the US and its allies in a semiconductor arms race, the Biden administration is continuing to push its efforts to keep the technology out of the “wrong hands” with new chip-related export controls. The US Department of Commerce (DOC) this week released an interim final rule that will enforce License Exception Implemented Export Controls (IEC) for a 38-plus member coalition of “like-minded countries.” There is a 60-day public comment period before the final ruling. “Aligning our controls on quantum and other advanced technologies makes it significantly more difficult for our adversaries to…
