America’s ‘once unthinkable’ chip export restrictions will hobble China’s semiconductor ambitions
TLDR: Biden/White House cripples China's semiconductor industry by cutting off American expertise and the ability to get licensing for technologies required for more advanced chips.
Which might be a clever strategic move if there wasn't an island right next to China which has advanced semiconductor expertise that China has been eyeing up and America has been flirting with.
If America wanted to provoke China, that's one way of doing it.