China’s YMTC and CXMT are doubling wafer output in an “epic expansion,” yet buyers are scrambling to prepay for memory supply

YMTC and CXMT are sharply expanding wafer production in China to help ease NAND and DRAM shortages.

New factories and the use of domestic equipment could more than double output.

Buyers are also prepaying to secure scarce supply, underscoring tight market conditions.

The expansion may improve China’s semiconductor self-reliance and affect memory pricing and availability.