China’s memory chip makers ride AI boom to new power — and U.S. scrutiny

AI Summary

China's memory chip manufacturers are gaining significant influence amid the global surge in AI data center development, elevating memory chips from a low-margin business to a highly sought-after product. This rise has attracted increased scrutiny from the U.S., highlighting geopolitical tensions surrounding advanced technology.

Memory chips were once a low-margin business, but the global buildout of AI data centers has transformed them into one of the world's most sought-after products.