Commerce limits 19 Chinese, Taiwanese companies from buying U.S. tech

The U.S. Commerce Department plans to finalize sanctions placing nearly 20 Chinese and Taiwanese entities, plus seven more tied to quantum computing, on BIS export restriction lists to curb access to advanced U.S. cloud, AI, quantum, and high-performance computing technologies. Targets include the Beijing Academy of Artificial Intelligence, Beijing Innovation Wisdom Technology, multiple Inspur subsidiaries, and firms involved in exascale supercomputing, with license reviews set under presumption of denial or denial policies. The action reflects bipartisan efforts to limit critical tech flows amid China’s rapid AI progress and push for semiconductor self-sufficiency.