Sources: Chinese memory chip maker YMTC asks core US staff to leave the company, after its CEO stepped down ahead of the latest US export controls announcement (Financial Times)

Che Pan / South China Morning Post:
A profile of YMTC, China’s top memory chip maker that could end up in the crosshairs of US sanctions; YMTC had 1% share of the global memory chip market in 2020  —  A few months before the US-China trade war started in July 2018, local media coverage of President Xi Jinping was focused …

Wall Street Journal:
Sources: US chip equipment suppliers are pausing business activities and pulling out staff based at China’s YMTC, following US curbs on China’s chip sector  —  Tool makers are pulling out staff and pausing work as they assess the impact of Commerce Department restrictions on semiconductor exports to China

Jane Lanhee Lee / Reuters:
Nvidia is offering Chinese customers the A800 GPU, which it says meets US export control rules, as an alternative to its A100 chip that the US banned for export  —  U.S. chip maker Nvidia Corp (NVDA.O) said on Monday it is offering a new advanced chip in China that meets recent export control rules aimed …

Nikkei Asia:
Sources: Apple freezes plans to use memory chips from China’s YMTC in its products, including iPhones, following the latest US export restrictions  —  Company previously planned to put Chinese-made memory in some iPhones

Financial Times:
Experts paint a dire picture for China’s semiconductor industry and AI development after the US announced new export controls on chips and chipmaking tech  —  Experts predict ‘tsunami of change’ for semiconductor industry as Washington wields tools tested on Huawei

Financial Times:
Sources: the US commerce department plans to put Chinese memory chip maker YMTC on its “entity list” as early as this week, limiting its ability to get US tech  —  YMTC and others may go on ‘entity list’ as early as this week  —  The Biden administration is set …