China's YMTC Makes Strides in Chip Production; Substitutes ASML, Lam Research Tech As US Sanctions Bite: Report - Alibaba Gr Hldgs ( NYSE:BABA ) , ASML Holding ( NASDAQ:ASML )
China's Yangtze Memory Technologies Co accomplished some breakthroughs in substituting ASML Holding NV ASML and Lam Research Corporation LRCX chipmaking technology with domestic alternatives as U.S. sanctions take a toll on China's artificial intelligence ambitions, Bloomberg cites TechInsights.
| Ticker |
Sentiment |
Impact |
|
BABA
|
Somewhat Bearish
|
27 %
|
|
LRCX
|
Somewhat Bullish
|
27 %
|
|
SSNLF
|
Neutral
|
27 %
|
|
NVDA
|
Neutral
|
40 %
|
|
ASML
|
Somewhat Bullish
|
40 %
|
