While China develops workarounds to US sanctions of high-end extreme ultraviolet (EUV) machines, the shortage in the memory industry due to high demand from AI chips has created an opportunity for Chinese firms to gain market share, suggests a report from the Korean media. The aggressive approach, led by the Chinese government, has narrowed down the gap between China and Korea for HBM memory to three years, says the report. At the center of the rapid gain is China’s CXMT, which also plans to issue its shares through an IPO in order to raise capital. China’s CXMT Expected To Hit […]
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