TECH - Lam Research ASML Lead Surge In Revenue From China Despite US Trade Curbs | Benzinga

Leading chipmaking equipment manufacturers are experiencing a surge in revenue from China as the country stockpiles equipment to counter U.S. trade restrictions on advanced semiconductors.

In the most recent quarter, significant chip suppliers of fabrication machinery obtained more than 40% of their revenue from Chinese customers.

Also, the recent tightening of U.S. export restrictions on advanced chip technology has not yet resulted in reduced sales to China for equipment manufacturers. It may have accelerated orders.

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