I feel like that's all retarded. At least with a natural resource like uranium you can pretend to have some kind of control over its proliferation, but anyone can make computer chips if they work hard enough. Even if they can't, they can always just train their AIs a bit slower. Computer chips are 4 steps removed from the actually dangerous thing. I would have given up after 2 steps.

The government would be better served shifting its focus toward making a bigger stick.

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latest chips ( aka Blackwell ) are anyway going to be so expensive that they will automatically price out rest of the world ..

making a law is just about most stupid thing to stop free market economy to function ..