S. 3374: Secure and Feasible Exports of Chips Act of 2025

This bill, known as the Secure and Feasible Exports of Chips Act of 2025, aims to modify existing export laws related to advanced integrated circuits (chips). The bill proposes several key actions to enhance control over the exports of these technological products to specific countries. Below are the main elements of the legislation:

Licensing Requirements

Starting from the enactment date of this bill, the Secretary of Commerce would be required to:

• Require a license for exporting, reexporting, or transferring advanced integrated circuits to:
• Any foreign adversary country
• Any entity located in any country if that entity's parent company is based in a foreign adversary country
• Deny any applications for such licenses under these conditions.

Exclusions

The licensing requirements do not apply to:

• Advanced integrated circuits or products containing such circuits that are not designed or marketed for data centers.

Definitions of Key Terms

The legislation provides definitions for several key terms, including:

• Advanced integrated circuit: Generally refers to integrated circuits classified under certain export control criteria, or those that have specific performance metrics related to processing power and bandwidth.
• Foreign adversary country: A term that includes countries specified in certain sections of U.S. law and includes regions like Macau and Hong Kong.

Authority to Update Definitions

The bill allows the Secretary of Commerce to update the technical parameters defining "advanced integrated circuit" after a specified period, contingent on majority approval from a review committee. Such modifications will require:

• A briefing to relevant congressional committees.
• Justifications for the modifications based on national interest.
• Assessments of potential impacts on U.S. technological advantages and foreign adversaries' capabilities.

Impact Considerations

The Secretary must also evaluate how changes in regulations could affect the military or cyber capabilities of competitor nations, particularly focusing on countries considered potential threats to U.S. security.

Relevant Companies

• NVDA (NVIDIA Corporation): Exports advanced integrated circuits for graphics processing and AI applications that could be impacted by restrictions on foreign sales, particularly to adversary nations.
• AMD (Advanced Micro Devices): Similar to NVIDIA, AMD produces chips that may face export limitations under this bill, affecting their international business.
• INTC (Intel Corporation): As a major producer of semiconductors, Intel may be significantly affected by the export controls over advanced chips.