The ongoing AI boom and its impact on global chip manufacturing have created an opportunity for Chinese chip manufacturing equipment providers to cater to growing domestic demand, says a report from local media. Along with pressure on memory and packaging supply, the machines used throughout the chip manufacturing process, such as deposition, etching and testing are also in short supply, with lead times of leading Western, Korean and Japanese suppliers touching 24 months.

The Chinese firms, with shorter lead times and growing domestic demand, might be able to capture