Chinese semiconductor equipment makers are expected to benefit from a surge in domestic orders as U.S. export controls take effect, though executives and analysts warn the boost may be short-lived.
China's largest memory chip maker, Yangtze Memory Technologies (YMTC), has issued at least 20 tenders to procure a range of chip manufacturing since Washington rolled out sweeping restrictions on Oct. 7 limiting the ability of Chinese companies to acquire or manufacture advanced computer chips. equipment.