Economic TimesLean R·
China's memory chip makers ride AI boom to new power, US scrutiny
Chinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major Chinese tech firms. Both firms are preparing for blockbuster initial public offerings soon. They face scrutiny from the United States over military ties and market power. Expanded manufacturing capacity aims to serve both domestic and overseas markets.
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