US HB6875

Requires export licenses for advanced AI-capable integrated circuits (classified under Export Control Numbers 3A090, 4A090, or meeting specific processing performance thresholds) to entities in China, Cuba, Iran, North Korea, Russia, and Venezuela

Mandates 30-day congressional notification before license approval, with Congress able to block exports via joint resolution; prohibits general licenses and terminates all pre-existing licenses for covered circuits to these countries

Creates "Trusted United States Person" exemption program allowing qualifying U.S. companies to export chips to non-concern countries without certain licenses if they maintain security standards and keep majority of processing power in the U.S.

Imposes temporary ban on all covered circuit exports to countries of concern until 14 days after submission of a required national security strategy assessing implications for military, intelligence, and cyber capabilities

Requires Director of National Intelligence assessment of China's chip production capabilities for fiscal year 2026, including analysis of whether export access would reduce China's indigenous chip development efforts