China at major risk of losing global memory chip, AI race: Report

China may lag behind in the global memory chip and artificial intelligence (AI) race amid Beijing’s restriction on US-based Micron Technology and export sanctions by Joe Biden administration on American companies on sharing tech with China, suggested a report in the South China Morning Post.

According to the report, China was recently seen as catching up quickly with global suppliers in the field of advanced 3D NAND flash and DRAM memory chips, but not anymore.

The gap “has widened again in the era of ChatGPT as Yangtze Memory Technologies Corporation (YMTC) and ChangXin Memory Technologies (CXMT) are unable to press ahead with catch up efforts due to the US export restrictions,” said the report.