BEAMSTART Logo

Senate report: US export controls on advanced chips to China and Russia found ‘inadequate’

Business Mirror LogoBusiness Mirror11h ago

Senate report: US export controls on advanced chips to China and Russia found ‘inadequate’ - Business Mirror

Quick Summary:

WASHINGTON—The Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been "inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a report published Wednesday by the Senate’s Permanent Subcommittee on Investigations.

Senate report: US export controls on advanced chips to China and Russia found ‘inadequate’ Sen.

BIS’s budget, about $191 million, has remained essentially flat since 2010 when adjusted for inflation.“While BIS’ budget has been stagnant for a decade, the bureau works diligently around the clock to meet its mission and safeguard US national security,” Commerce Department spokesperson Charlie Andrews said in a statement in response to the report.


More Pictures

Senate report: US export controls on advanced chips to China and Russia found ‘inadequate’ - Business Mirror (Picture 1)

or

Article Details

Author / Journalist: Aamer Madhani & Josh Boak | The Associated Press

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 11:56:50 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 701 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24548414

View Article Analysis

About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 47 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Senate report: US export controls on advanced chips to China and Russia found ‘inadequate’" has 701 words across 24 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Senate report: US export controls on advanced chips to China and Russia found ‘inadequate’" was covered 11 hours ago by Business Mirror, a news publisher based in Philippines.

How trustworthy is 'Business Mirror' news outlet?

Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news.

The outlet is headquartered in Philippines and publishes an average of 47 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #24548414
  • URL: https://beamstart.com/news/senate-report-us-export-controls-17346106996467

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.