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This seems to apply to Chinese-Americans specifically. Here are a couple of other sources:

https://fortune.com/2022/10/13/chinese-americans-china-chip-...

https://news.yahoo.com/bidens-export-curbs-place-many-233739...

No, the Fortune article correctly reports that people may be forced to choose. But there is no provision to strip people of citizenship in the new rules as the article you submitted implies.

Actually, the Yahoo story says: "The order applies to all U.S. citizens, green-card holders and foreign nationals who live in the U.S."

The Fortune headline seems misleading, but the article is behind a paywall so I couldn't read, so I'm not 100% sure.

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