Applied Materials and Lam Research Shift Supply Chains Away from China to Meet New US Guidelines

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Industry experts indicate that shifting to non-Chinese suppliers will likely increase chipmakers’ costs, as alternatives may be limited or more expensive.

Prominent chip equipment makers, such as Applied Materials Inc (NASDAQ:AMAT) and Lam Research Inc (NASDAQ:LRCX), have informed suppliers that they must find non-Chinese alternatives for specific components or risk losing their supplier status.

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesChinaJapanSouth KoreaTaiwan

Topics: AI Generated Government Top Stories Benzinga Stories That Matter News AMAT Tech US5128071082 Media Regulations Briefs Emerging Markets US0382221051 LRCX

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 20:24:23 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 460 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23409424

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