US Sanctions and AI Boom Reshape Global Semiconductor Market, Cutting China Sales

An analysis of third-quarter 2026 performance data from major global semiconductor manufacturing equipment companies, including ASML, Tokyo Electron, Lam Research, and KLA, indicates a significant decline in their sales ratios to China. This shift is primarily attributed to U.S. export controls on advanced semiconductor equipment to China and a surge in demand for AI semiconductors, which has redirected equipment purchases towards regions like South Korea and Taiwan. Conversely, domestic Chinese equipment companies are expanding their market share within China due to restrictions on overseas suppliers, reshaping the global semiconductor equipment market.