Chinese Chip Toolmakers Post 400% Profit Surge as Overseas Suppliers’ Two-Year Backlogs Reshape the Industry

Wccftech 2h ago

Chinese Chip Toolmakers Post 400% Profit Surge as Overseas Suppliers’ Two-Year Backlogs Reshape the Industry

The ongoing AI boom and its impact on global chip manufacturing have created an opportunity for Chinese chip manufacturing equipment providers to cater to growing domestic demand, says a report from local media. Along with pressure on memor…