David Wang

Rule Changes

Defending ACM after its Shanghai and Korean subsidiaries land on the U.S. Entity List

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. The disclosure pulled a quiet engineering decision into the center of the U.S.–China tech war and deepened scrutiny of CEO Lip‑Bu Tan, whose venture firm invested in ACM years before he joined Intel.

Updated Jan 10