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China bans use of Intel, AMD and Nvidia Processor Chips for security concerns
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Fair, but it means devs will write software that can one day run on open hardware.
That's true, but open source software is generally written in high level, portable languages that can be compiled to multiple CPU architectures without changing the code, so proprietary software is really what would have any problems running, and even then, there are x86 emulators like Box86/64 and FEX out there and can even work transparently using systemd-binfmt.
At the application level? Yes. At the OS / package level? It's still a work in progress. And you need the latter to use the former.