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US won't ban AI chips to US companies' data centers in Malaysia, it's kind of exception rule in tier 2 countries like Malaysia. And, customers of Natgate had already fitted into this exception category way earlier than Biden's restriction, because Natgate's servers use Nvidia chips, and Nvidia had already made sure Natgate's customers comply with the rules set earlier which is similar to the recent one.
Biden's restriction is not meant to restrict Malaysia's development in AI data centers industry, it is meant to restrict the sale of AI chips to China, that's all.
Don't spread fake news and stupid opinion. Read things in full context, think critically. Exaggeration, making small sounds big, making everything sounds pessimistic like he is prophet, will just expose to others what level he is in now.