TAIPEI -- China's top NAND flash memory chip maker, Yangtze Memory Technologies Corp. (YMTC), has started building its third plant as the U.S.-blacklisted company taps surging domestic demand driven by localization efforts and the AI boom, Nikkei Asia has learned.
Semiconductors
China's top memory chip maker YMTC to build 3rd plant, eyeing 2027 start
NAND producer aims to ride AI boom to lift market share despite US blacklisting
In this photo illustration, the Yangtze Memory Technologies Corp (YMTC) logo is seen on a smartphone screen. © Getty Images
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