Though the White House has been emphasizing that CHIPS Act could help empower U.S. manufacturing, it seems U.S. companies have started losing Chinese customers due to all the export bans. In this video, Risto Puhakka at TechInsights explains how each equipment export restriction affects both Chinese and U.S. players.

Puhakka is Vice President at TechInsights Manufacturing Analysis. He is an expert in Semiconductor Capital Equipment markets as well as Semiconductor Manufacturing. He advises managers, boards, and investors about semiconductor market trends and strategic industry statistics. He is a regularly invited speaker at conferences about various topics in semiconductor manufacturing and equipment markets.