According to SMIC’s latest announcement, the company signed a purchase order with ASML for the purchase of production equipment used to produce wafers, with a total purchase price of US$1.2 billion.

According to SMIC, the conversation with ASML began as early as March 16 last year and was not confirmed until March this year.

According to earlier media reports, the United States has opened up part of the supply licenses of US companies to SMIC, including materials and equipment for mature process chips such as 28nm and 14nm.

In addition, the Morgan Stanley research report also pointed out that US equipment suppliers have recently resumed the supply of components and on-site services to SMIC. After officially obtaining supplies from US equipment manufacturers, SMIC's operational prospects will be further clarified.