China’s domestic semiconductor industry landscape has changed considerably. The Biden administration has continued to impose export control restrictions on Chinese firms, and the October 7, 2022, package of controls targeted not only advanced semiconductors (such as GPUs used for running artificial intelligence and machine learning workloads) but also expanded significantly on controls over semiconductor manu­facturing equipment (SME). One goal of the U.S. controls is to prevent Chinese firms from moving into nonplanar technology processes, such as FinFET and eventually Gate All Around (GAA). The new restric­tions included novel end-use controls and controls on U.S. persons, posing major new challenges...