Feb. 18 at 2:53 AM
$ATOM $AMAT $TSM
1. Forced Supply Vacuum: Section 5949 legally removes the primary low-cost competitors (SMIC, CXMT, YMTC) from the federal supply chain, creating an immediate need for Western alternatives like MST.
2. "Provenance" Advantage: Because MST is a U.S.-based intellectual property, it acts as a "safe harbor" for federal contractors who must now certify that their products are free of prohibited foreign semiconductors by the December 2027 deadline.
3. Commercial Inflection Point: As of early 2026, MST has moved from the lab to the factory floor, with the first commercial customer running wafers for GaN-on-Silicon and major foundries evaluating it for 2nm Gate-All-Around (GAA) nodes.
https://www.federalregister.gov/documents/2026/02/17/2026-03065/federal-acquisition-regulation-prohibition-on-certain-semiconductor-products-and-services
