Inserts a new section 1758A into Part I of the Export Control Reform Act of 2018 establishing definitions (including 'advanced integrated circuit', 'country of concern', and 'covered country'), requiring licenses for exports/reexports/in-country transfers of advanced integrated circuits to covered countries, directing denial of licenses to entities primarily located in countries of concern, creating an exemption and designation process for 'approved United States person', and adding a five-year sunset.