“To put it simply, Biden has forced all Americans working in China to pick between quitting their jobs and losing American citizenship.”
Long story short, every advanced node semiconductor company is currently facing comprehensive supply cut-off, resignations from all American staff, and immediate operations paralysis.
This is what annihilation looks like: China’s semiconductor manufacturing industry was reduced to zero overnight. Complete collapse. No chance of survival.
According to Schneider, “The level of embarrassment is on par with Pelosi’s Taiwan visit.”