Chip Security Act mandates chip security mechanisms for integrated circuit products to prevent unauthorized use and enhance export control compliance.

The Chip Security Act requires the Secretary of Commerce to issue standards for chip security mechanisms on integrated circuit products. These mechanisms must implement location verification before export, reexport, or in-country transfer to a foreign country. The Act also mandates an assessment of new chip security mechanisms and requires secondary chip security mechanisms to be developed if deemed appropriate. The Secretary must submit reports to Congress on these assessments and mechanisms.

Chip Security Act mandates chip security mechanisms for integrated circuit products to prevent unauthorized use and enhance export control compliance.

The Chip Security Act requires the Secretary of Commerce to issue standards for chip security mechanisms on integrated circuit products. These mechanisms must implement location verification before export, reexport, or in-country transfer to a foreign country. The Act also mandates an assessment of new chip security mechanisms and requires secondary chip security mechanisms to be developed if deemed appropriate. The Secretary must submit reports to Congress on these assessments and mechanisms.