It goes much deeper than this. People looking towards Israel and Ukraine are missing the wood for the trees: the world economy and especially the US one lives or dies based on the exports of TSMC.

The modern US advantage is silicon valley and it knows it cannot let its rivals catch up. The blockade on Nvidia graphics cards is to ensure China stays at least a generation behind in AI where GPUs are used en masse for complex calculations.

If China gained that sort of edge and control over the USA they could kill tens of thousands of jobs by raising tariffs on silicon imports. He who controls Taiwan controls the world.