The US Commerce Department could announce new curbs as soon as early next month to prevent the exports of chips made by American IT companies Nvidia and Advanced Micro Devices (AMD) and other chip-makers to China and other countries, posing similar security threats, without first obtaining a license, the report said.
The new set of export control measures, which is expected to be part of the final rules codifying and expanding the export control measures announced in October, could also restrict the leasing of cloud services to Chinese IT companies, which they used to circumvent the export bans on advanced chips, the media reported.