Lol. Lmao.
In the funniest timeline, the US nationalizes Nvidia to delay China from making chips that work well with LLM's... by a year tops.
Link to original Fortune article the PC Gamer article pulled from, with this juicy relevant quote:
To do that, Raimondo said the Commerce Department’s Bureau of Industry and Security, which manages export controls for the US, needs more funding from Congress.
“I have a $200 million budget. That’s like the cost of a few fighter jets. Come on,” she said. “If we’re serious, let’s go fund this operation like it needs to be funded.”
This is one of the ways they fuck over Cuba btw. Its not enough to just not have any components made in the US or any money from a bank with significant US ownership (ie..most of them). You also can't use any US intellectual property, and the US has made it so that interlocking patents mean no components ever become public domain.