The Bureau of Industry and Security (BIS) under the Department of Commerce is amending the Export Administration Regulations (EAR) with new rules to enhance national security by regulating the export of advanced computing integrated circuits (ICs). The Interim Final Rule (IFR) introduces new due diligence measures to help foundries and semiconductor companies comply with U.S. export laws, especially concerning ICs sold to countries like China. It updates existing semiconductor export controls and sets reporting requirements, license exceptions, and a framework for realizing transparency between IC designers and manufacturers. Public comments on the rule are invited until March 14, 2025.
Simple Explanation
The U.S. is making new rules to check and control where special computer parts can be sold, to keep the country safe. They want people to talk about these rules until March 14, 2025, and make sure everyone is doing the right thing when making and selling these parts.