Srinagar, May 17 -- In a decisive move to protect its technological dominance, the United States has introduced the Chip Security Act, a new bill aimed at curbing the illegal transfer of AI chips and semiconductor technology to foreign adversaries, particularly China. Spearheaded by Senator Tom Cotton, the legislation mandates that all export-controlled AI chips include embedded location verification mechanisms, ensuring these high-value components remain traceable even after leaving American soil.

The bill tasks the U.S. Department of Commerce with establishing this tracking system within six months of enactment. Exporters will also be required to report suspicious activity to the Bureau of Industry and Security (BIS), while the Commerc...