On this episode of EMBARGOED!, host Tim O'Toole, Miller & Chevalier Counsel Melissa Burgess and Collmann Griffin, and guest Chris Chamberlain of Morrison & Foerster continue their discussion of AI chip-related export controls, musing about Infrastructure-as-a-Service (IaaS) considerations, semiconductor manufacturing equipment (SME), and the much-anticipated BIS release of a 50 Percent Rule for the Entity List. Roadmap: May 13, 2025, BIS Policy Statement on training AI models Controls on SME and balancing foreign policy, national security, and other reasons for control under the EAR Not reasons for control: Economic and other factors BIS does not consider determinative when assessing controls Pros and cons of BIS having an OFAC-style 50 Percent Rule for the Entity List ******* Thanks to our guests for joining us: Chris Chamberlain: https://www.mofo.com/people/chris-chamberlain  Melissa Burgess: https://www.millerchevalier.com/professional/melissa-burgess  Collmann Griffin: https://www.millerchevalier.com/professional/collmann-griffin  Questions? Contact us at podcasts@milchev.com. EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts. EMBARGOED! is intelligent talk about sanctions, export controls, and all things international trade for trade nerds and normal human beings alike. Each episode will feature deep thoughts and hot takes about the latest headline-grabbing developments in this area of the law, as well as some below-the-radar items to keep an eye on. Subscribe wherever you get your podcasts for new episodes so you don't miss out!