The Trump administration cut $20M in funding from the Bureau of Industry and Security, which oversees chip export controls, representing ~10% of BIS's budget (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg:
The Trump administration cut $20M in funding from the Bureau of Industry and Security, which oversees chip export controls, representing ~10% of BIS's budget  —  A White House move to cut 10% of the funding for the agency responsible for semiconductor export controls risks undermining US efforts …

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