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"As I told Congress in July, my north star at BIS is to ensure that we are appropriately doing everything in our power to protect our national security and prevent sensitive...
The world's largest chipmaker and many other leading semiconductor stocks suffered from the first major reaction to new restrictions on US exports to China.
US government fears China might gain more influence on standards meetings.
The changes made address concerns from U.S. industry and other stakeholders about whether BIS licenses are required to release low-level technology for legitimate standards activities to parties on the Entity List.
The United States on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines, , chip making, gas turbine