its a push. the worst damage has already been done and this is just a rearguard action by whats left of the US market in the chinese semiconductor industry to try and keep themselves relevant.
before the current rash of sanctions and aggression the PRC considered the 300B/ year sales to western semiconductor companies the cost of keeping whitey away. now that they are banning their own companies from selling to the PRC it lets them off the leash and gives them more strategic autonomy, not less.
Is this not a W for China and an L for the USA?
its a push. the worst damage has already been done and this is just a rearguard action by whats left of the US market in the chinese semiconductor industry to try and keep themselves relevant.
before the current rash of sanctions and aggression the PRC considered the 300B/ year sales to western semiconductor companies the cost of keeping whitey away. now that they are banning their own companies from selling to the PRC it lets them off the leash and gives them more strategic autonomy, not less.