Aug. 23 at 9:15 PM
$SNDK $MU $QQQ $SKHY Troll's abound.
YMTC is currently blacklisted from exports for software, design tools, and equipment. U.S. export controls specifically block YMTC from buying tools capable of manufacturing flash memory with 128 layers or more.
CXMT blacklist is pending.
But in reality it doesn't matter. Both companies have official Chinese mandates to sell to Chinese firms. The demand for memory in China is growing just as fast as elsewhere in the world.
Both companies are raising capital to build plants to continue to research how to make newer generations of memory but this slow due to blacklist constraints. Both companies are rapidly expanding supply, but not for export.
Memory production has become a strategic asset for Nations just as much as the raw materials required to make them. Europe estimates it needs to spend
$3 trillion euros to expand out its semi-conductor industry and build out a competitive AI infrastructure all in the name of national security.
