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Stock impact report

Chinese chip firms say they can withstand new US export curbs [Yahoo! Finance]

ACM Research, Inc. - Class A (ACMR) 
Last acm research, inc. - class a earnings: 3/18 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.acmrcsh.com
Company Research Source: Yahoo! Finance
have vowed to speed up supply chain localisation and said they would be able to continue production thanks to recent efforts to build equipment stockpiles. The latest curbs, the third U.S. crackdown on the Chinese sector in three years, focused on chipmaking equipment, software and high-bandwidth memory. They restrict exports to 140 companies, including chip equipment maker Naura Technology Group and ACM Research. Empyrean, a maker of electronic design automation (EDA) tools also known as Beijing Huada Jiutian Technology, said its inclusion on the list would have little impact on operations. "The company will seize the development opportunity to accelerate the localisation process of full-process EDA tools," it said in a stock market statement. Jiangsu Nata Opto-Electronic Material, which manufactures materials used in chipmaking, told Chinese news outlet Yicai it had stocked up and would also make domestic substitutions, but did not provide specifics. Others, such as semico Show less Read more
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