Nope. If China were not banned from US-controlled chips, it would be importing chips at much higher prices, therefore getting less bang for its buck while strengthening competitors with its money in the process.
Instead, the US banned China from chips and lithography machines, giving China the legal excuse to start producing them domestically without violating WTO rules. Now China produces cheap chips and uses them with cheap electricity.
This was a dumb move by the US. Brought upon it by dumbf*ck aristocratic elites who grew up in isolated mansions and then received law degrees, with absolutely no understanding of technology and technology ecosystems. They thought they'd just make the rules and everybody would have to obey. It turns out in technology, they don't have to...
Instead, the US banned China from chips and lithography machines, giving China the legal excuse to start producing them domestically without violating WTO rules. Now China produces cheap chips and uses them with cheap electricity.
This was a dumb move by the US. Brought upon it by dumbf*ck aristocratic elites who grew up in isolated mansions and then received law degrees, with absolutely no understanding of technology and technology ecosystems. They thought they'd just make the rules and everybody would have to obey. It turns out in technology, they don't have to...