Mr. Estevez: - that TSMC had tried in the 2010s after which waited for EUV machines earlier than they went down to that level - that, you understand, when you were going to do it from an financial standpoint, you’d fall in your face; but when you’re subsidized and the economic system of scale isn’t your fear - I can, like, produce chips. But, you recognize, suddenly I had this CHIPS workplace the place I had people who truly did make semiconductors. The discharge of OpenAI's ChatGPT in late 2022 brought on a scramble among Chinese tech corporations, who rushed to create their own chatbots powered by synthetic intelligence. Chinese AI lab DeepSeek could be getting the bulk of the tech industry’s attention this week. I imply, tech nerds like us, like we’re not stunned to hear each other say that, Oh yeah, I’ve tried Deepseek Online chat online, I’ve tried this tool, I’ve tried that software, but like, I hear non techie friends saying, like, oh yeah, I do know Perplexity. Yeah, I’m working with McKinley’s.

Mr. Estevez: Yeah, look, I feel - I’m a modest individual, but I think the work that BIS has completed is critically important at this time. BIS - we’ve done all this underneath a resourcing scheme that’s essentially been the same since 2010. My funds has primarily been flat except for the bump up I acquired for the ICTS program since 2010. Received a bit of little bit of a bump up throughout export control reform throughout Under Secretary Hirschhorn’s time.