Requires the State Department's intelligence bureau to report to Congress within 360 days on whether U.S. semiconductor export controls on China have worked, covering their costs, effects, and possible improvements.

• Requires an inventory of all U.S. semiconductor and chipmaking equipment export controls on China, with each control's purpose, type, and whether allies joined it
• Requires analysis of each control's effect on China's military, AI, and chip industry, and on U.S. company revenue and market share
• Requires recommendations on which controls work best, which harm U.S. industry without security benefit, and how to close diversion loopholes
• Requires the report to be unclassified and posted on the State Department website, with an optional classified annex

• Foreign Affairs Committee (House)

International Affairs