The chip restrictions may accelerate things, but China was already moving in this direction. The chip restrictions were relatively recent, and the chip production capabilities took years to develop. The chip restrictions mainly made it obvious how far along China already was.
The premise that it was intended to kill Chinese chipmakers is, if not outright wrong, exaggerated.<p>The connection to the recent stock dip of nVidia and friends seems dubious. Trying to interpret the stock market when there is no major news story is basically reading tea leaves. Most seem to credit cooling off of AI hype.
Didn't you hear, BBC said half of China is sinking into the ground so we should be good:<p><a href="https://news.ycombinator.com/item?id=40102522">https://news.ycombinator.com/item?id=40102522</a>
So, if I understand.<p>US Companies lost 25-35% of chip sales from china, and no markets to make that up that loss.<p>China is now making low costs chips and now selling into the same markets and eating up the US market.<p>Chinese commercial products need chips (that also sell in America), and will now use Chinese produce chips.<p>Thus driving down the demand of US chips.<p>did I get that right?
I think the results are kind of expected.<p>Putting stress on a living system will either make it collapse or make it grow stronger by time if pressure is bearable. Relieving stress from a living system will make it lazier and more complacent. Whole evolution theory is based around that.