Computer chips are in general a reliable hardware, and top-of-the-line CPUs are in general way more powerful than needed, so there is no need for cutting-edge manufacturing and also an embargo won't halt existing activities.
Simpler/embedded processors seem to be a generic product that can be manufactured by many countries, hindering embargo efforts.
Are chips more critical for a country than e.g. food? because many countries are not nutritionally self-sufficient.