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Mr. Estevez: - that TSMC had tried within the 2010s after which waited for EUV machines before they went all the way down to that stage - that, you know, in case you have been going to do it from an economic standpoint, you’d fall on your face; but if you’re subsidized and the financial system of scale isn’t your worry - I can, like, produce chips. But, you recognize, immediately I had this CHIPS workplace the place I had people who really did make semiconductors. The release of OpenAI's ChatGPT in late 2022 precipitated a scramble among Chinese tech firms, who rushed to create their very own chatbots powered by artificial intelligence. Chinese AI lab Free DeepSeek v3 may be getting the bulk of the tech industry’s consideration this week. I mean, tech nerds like us, like we’re not surprised to hear each other say that, Oh yeah, I’ve tried DeepSeek, I’ve tried this tool, I’ve tried that software, but like, I hear non techie buddies saying, like, oh yeah, I do know Perplexity. Yeah, I’m working with McKinley’s.

Mr. Estevez: Yeah, look, I believe - I’m a modest person, however I feel the work that BIS has executed is critically essential presently. BIS - we’ve done all this beneath a resourcing scheme that’s primarily been the same since 2010. My price range has basically been flat other than the bump up I received for the ICTS program since 2010. Received slightly little bit of a bump up during export control reform during Under Secretary Hirschhorn’s time.