Yes, some drama helps for a lively forum!
Actually hyperventilation is real and I admit I contributed fostering it. My bad! But you know, we are humans and I instinctively don't like when the bully pokes the eye of the nerd.
But I'll try to calm down a bit people here, presenting the thing from a different point of view.
At the end of the day, what US is trying to do is forcing China to not produce its chips. US would like to move back the history's clock of.....just a few years! Yes, not decades, not centuries, but only few years. Until very recently China was in the exact same position US want now to push it back: huge chip market, almost all satisfied from imports.
They are attacking IC firms, banning equipment, banning foundries, blocking people from working for semi firms....because they'd love to keep selling chips, and a lot of them, under the old monopoly conditions...with maybe a little bit of blackmailing here and there, just to keep the good old habits.
So even in the worst of all possible scenarios (that will never happen, because progress cannot be blocked), it would be like to return to 2012-2015, when almost all the chips were imported....not a catastrophe, not an Armageddon. China lived and prospered very well even before 2015.
