It is an extremely aggresive move on US part; in particular the part about criminalizing "US persons" that currently work in China.
It is too early to tell how it will play out.
Here is another perspective:
https://asiatimes.com/2022/10/china-chip-ban-a-us-exercise-i...
China chip ban a US exercise in extreme self-harm
CapEx and R&D implode in hard-pressed Western semicon industry while China pours massive funds into chip independence
I feel mildly positive on this matter for the moment. I'm disappointed that this is coming from a protectionist angle and not as a principled response to Chinese moral failings, but you take what you can get I guess.
Is it really, though? It just seems like yet another attempt to push a truth that doesn't exist, the USA is a very small fraction of the world, despite what Americans think - China also has domestic skill, again despite the USA thinking they're better (probably less than 1% of chips are designed in the USA) - this chest beating is getting really old.
Does the USA still have chip fabrication capability locally, or in another partner country? If so, can they maintain capacity, or ramp up quickly enough?
Revoking US citizenship for Americans working abroad would be a godsend to them, not a threat. Extremely inaccurate translation. It's more like the sanctions are threatening them with DOJ prosecution.
There's a lot of finger pointing and political fallout from what is partly a situation caused by the end of Moore's law
Interesting fact followed by tweet upon tweet of really stupid predictions.
While this might inflict short term pain to the chinese chip industry, it gives huge incentives to their indigenous chip industry to develop their own capabilities. It costs a lot of R&D to do so, and when western off-the-shelf chips are available, there's no profit motive to make such R&D (which has been CCP funded).
So i think this may be a mistake in the very long run - the profits are denied to the western chip makers, and such profits are necessary for continued investment and innovation; and secondarily, sanctions like this will give a massive incentive for indigenous industry development. If successful, their competitiveness is going to be higher than that of the US & west's.