MU - Micron And Semiconductor Manufacturing International: Headwinds For Applied Materials And Lam Research
- A U.S. sanction preventing China foundry SMIC from purchasing process equipment could mean a loss of revenues totaling $10 billion in 2020 and 2021.
- Capex spend cuts by memory suppliers should drop 6% in 2020, but may rise 8% in 2021 to $38 billion.
- Applied Materials held the largest market share for DRAM WFE equipment in 2019 while Lam Research led in NAND WFE.
For further details see:
Micron And Semiconductor Manufacturing International: Headwinds For Applied Materials And Lam Research