The chipmaker expects more than $10 billion in foreign sales this year, but the Biden administration is advancing rules that could curb that growth.

The chipmaker expects more than $10 billion in foreign sales this year, but the Biden administration is advancing rules that could curb that growth.

© Brandon Celi

The Commerce Department is banning the few remaining operations of China Telecom in the United States, a move that appears unlikely to deter Beijing from conducting sophisticated cyberoperations.

The investigation could result in tariffs on older types of chips from China, though the decision would ultimately fall to Trump.

The department has confronted the challenge of China by restricting key exports, a policy that is likely to continue in the Trump administration.

New rules significantly expand restrictions on selling China chip technology, but critics say they also contain carve-outs that are favorable to industry.

Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.

The Taiwanese chip giant will halt shipments to Chinese companies after some of its most advanced chips ended up with Huawei.