中文翻译
不会啊？出口管制对他们反而是好事，因为它会伤到像住友这样的竞争对手，而这些上游材料本来就必须从中国来。 因为他们需要这些材料来做 InP 基板。 短期看这是把双刃剑，但长期会让 $AXTI 对 InP 供应链拥有更多控制力。 正如你现在看到的，光子建设最终依赖 AXT，而这也让它成为供应链顶端极其关键的瓶颈。
· 供应链分析
认为出口管制虽然短期双刃剑，但长期会让 AXT 在 InP 供应链中更有控制力。
涉及标的： $AXTI
英文原文
No? Export controls are good for them since it harms their competitors like Sumitomo as upstream materials the need come from China. Since they require them to make InP substrates. It’s a double edged sword short but gives $AXTI more control over the InP supply chain in the long run. As you’re seeing now, the photonics buildout relies on AXT, which now makes them a critical chokepoint at the top of the supply chain