STRIDE Act was reported by committee and awaits a floor vote

Semiconductor Technology Resilience, Integrity, and Defense Enhancement Act or the STRIDE Act This bill requires the Department of State to coordinate with the governments of other countries to prevent the Chinese Communist Party and other foreign adversaries from acquiring critical semiconductor technologies. Specifically, the State Department must coordinate actions with governments of countries (partner countries) that maintain significant capabilities in semiconductor technology research, design, manufacturing, materials, equipment, or equipment subsystems and components. Among other coordination objectives, the State Department must seek to achieve (1) alignment of export control policies regarding semiconductor technology manufacturing equipment and the critical subcomponents needed to produce such equipment; and (2) expanded restrictions on semiconductor technology design tools, intellectual property transfers, equipment servicing, and technical assistance that could enable semiconductor technology development capabilities in North Korea, China, Russia, or Iran. The State Department must regularly assess the extent to which partner countries are implementing measures consist with U.S. policy described by the bill. If the State Department determines a partner country is not sufficiently implementing security measures, then the State Department must take specified actions, such as requesting that the Department of Commerce convene a meeting of the Export Administration Review Board (EARB) to identify and execute a plan of action. Further, the State Department must provide recommendations to the EARB to apply foreign direct product rule restrictions to semiconductor technology produced in the non-cooperating partner country that incorporates U.S.-origin technology, software, or equipment. Finally, the State Department must report to Congress every 90 days.