Biden administration adds quantum computing, other chip tech, to export controls
Sep. 05, 2024 1:45 PM ET
By: Chris Ciaccia, SA News Editor
 Walter Bibikow
The Biden administration said on Thursday that it is adding several technologies to its export control list, including quantum computing, for what it called the advancement of national security.
Included in the new export control list, which could impact countries such as China, are quantum computing and related software and hardware; "advanced" semiconductor manufacturing equipment; gate all-around field effector transistor technology (used for high-performance chips); and additive manufacturing items, including equipment and components that can produce metal or metal alloy components.
"Today’s action strengthens our international relationships with like-minded countries and ensures that U.S. export controls keep pace with rapidly advancing technologies that pose serious threats to our national security when in the wrong hands," the Commerce Dept.'s Bureau of Industry and Security said in a press release.
The Biden administration has worked with the Netherlands and Japan on previous export controls and it said in the release that it anticipates "additional countries will implement similar controls soon."
“Aligning our controls on quantum and other advanced technologies makes it significantly more difficult for our adversaries to develop and deploy these technologies in ways that threaten our collective security,” Alan Estevez, Under Secretary for the Bureau of Industry and Security, said in the release.
With Thursday's action, the Bureau of Industry and Security said it is inviting public comments for the next 60 days, before a final ruling is made.
Potentially impacted companies: IonQ (NYSE: IONQ), Lam Research (NASDAQ: LRCX), Applied Materials (NASDAQ: AMAT), ASML (NASDAQ: ASML) |
