I personally feel their banning of chip sales to China is going to help China as so far chinese foundries were not able to compete so were not investing people

I personally feel their banning of chip sales to China is going to help China as so far chinese foundries were not able to compete so were not investing people did not see any big opportunity but now with huge addressable market given to the capitalists of China. They might get a lot further than with just Chinese government support.