Blocks companies getting federal money from buying certain chip-making equipment from foreign entities of concern.
This bill would stop companies that get federal money for making computer chips from buying certain chip-making equipment made by foreign entities of concern or their subsidiaries. For 10 years, these companies could not use federal funds for such equipment, unless specific exceptions apply.
Today, companies receiving federal financial assistance for semiconductor projects can use those funds to buy chip-making equipment from any supplier, including foreign entities of concern. After this bill, companies getting federal money would be banned for 10 years from using those funds to buy, install, or use certain completed, fully assembled chip-making equipment if it's made or refurbished by foreign entities of concern, unless specific waiver conditions are met.
S 3301 · 119th Congress · AI Summary by gemini-2.5-flash · 10/10
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12 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.