US tightens rules on advanced chips and computing, holds public briefing

The US Commerce Department is holding a public briefing on new rules that tighten controls on advanced computing and semiconductor manufacturing. These rules will affect who can buy and sell certain high-tech components, especially those made with US technology.

The US government is making it harder for certain foreign entities to get advanced chips and the equipment to make them. This means companies that rely on these components, or that make them using US technology, will face new restrictions. It is part of a multi-year effort to control the global supply chain for critical technologies.