Semiconductor equipment maker
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U.S.-incorporated, China-centric tool vendor whose Shanghai and Korean units are blacklisted by BIS
Intel is racing to regain its chipmaking crown with a 14A process backed by billions in U.S. subsidies. In mid-December 2025, Reuters revealed the company had been test-driving critical tools from ACM Research, a China-rooted equipment maker whose Shanghai and Korean units sit on a U.S. export blacklist.
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