- Applied Materials and other foreign chip equipment makers face increasing market pressure from domestic Chinese competitors.
- Applied Materials and other foreign chip equipment makers face increasing market pressure from domestic Chinese competitors.
- Applied Materials and other foreign chip equipment makers face increasing market pressure from domestic Chinese competitors.
- U.S.-China tensions are restricting sales to Chinese manufacturers, prompting Chinese chipmakers to turn to domestic alternatives.
A U.S. defense company, Northrop Grumman, is producing chips in its Virginia-based facility in Baltimore, relevant to the global semiconductor market and U.S.-China tensions.
1 report, 1 independent
Updated Jul 19
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What happened
A U.S. defense company, Northrop Grumman, is producing chips in its Virginia-based facility in Baltimore, relevant to the global semiconductor market and U.S.-China tensions.
Who's involved
What this event is mainly aboutKeep exploring
Part of
U.S.-China tensions are restricting sales to Chinese manufacturers, prompting Chinese chipmakers to turn to domestic alternatives.Also in this story
- Lam Research CEO Archer emphasized momentum in new etch and deposition products, reflecting expectations for continued strength in China.
- Chinese firms are shifting to local suppliers.
- Lam Research and Applied Materials are facing market headwinds due to weak spending on semiconductor equipment in China and lowered Q4 profit guidance.
The entities involved
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
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Northrop Grumman (Norway)
company in Bergen, Norway
Nothing else this week.
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Virginia
human settlement in Argentina
- Abigail Spanberger and other Virginia officials are discussing delays and moving the start date of a project rollout.
- Hanmi Financial Corporation, the parent company of Hanmi Bank, operates across multiple states, including offices in Los Angeles, loan production offices in Texas, and loan centers in Virginia.
Related events
Coverage
Newest first; wire copies grouped- Fox BusinessInside America's secret weapon against foreign tech dependence and growing national security threats Northrop Grumman is producing vital semiconductor chips in the U.S. The Virginia-based defense com