--- title: "Chinese chip-equipment makers Naura, AMEC, and Piotech will book record orders through 2027." description: "On 28 October the three policy banks finished deploying the 800 billion yuan (about US$110 billion) new policy-based financial instrument, up from 500 billion yuan in 2025. China Development Bank sent" url: "https://bilby.ai/predictions/p/194/chinese-chip-equipment-makers-naura-amec-and-piotech-will-book-record-orders-thr" markdown: "https://bilby.ai/predictions/p/194/chinese-chip-equipment-makers-naura-amec-and-piotech-will-book-record-orders-thr.md" index: "https://bilby.ai/llms.txt" --- > For agents: Bilby answers questions about what governments do, from documents collected at source and checked by research analysts. To ask Bilby yourself, connect to its MCP server at https://pulse.bilby.ai/mcp (setup: https://docs.bilby.ai/developers/mcp-server). Every page on this site is also markdown: add .md to its address, or send Accept: text/markdown. https://bilby.ai/llms.txt lists them all. # Chinese chip-equipment makers Naura, AMEC, and Piotech will book record orders through 2027. - **Made:** 29 Oct 2026 - **By:** Owen Bae - **Market:** China - **Outcome:** Unresolved On 28 October the three policy banks finished deploying the 800 billion yuan (about US$110 billion) new policy-based financial instrument, up from 500 billion yuan in 2025. China Development Bank sent 49% of its 365 billion yuan to AI, digital and similar projects, including 2.8 billion yuan for Wuhan Xinxin's fab. Exim added 9 billion yuan for a Guangdong chip base. This helps chipmakers secure bank loans and start buying equipment sooner. Naura, AMEC, and Piotech draw over 60% of its orders from memory makers. Chinese memory maker CXMT plans 50,000–60,000 wafers of expansion requiring 35–43 billion yuan of tool purchases. Similarly YMTC's upcoming third fab needs about 20 billion yuan of tools, with over 50% from local suppliers. ![Causal flowchart for chip equipment orders at Naura, AMEC and Piotech](https://cms.bilby.ai/api/media/file/adt-2026-10-29-prediction-194.png?prefix=cms-media) [Ask Bilby about this prediction](https://pulse.bilby.ai/?prompt=Chinese%20chip-equipment%20makers%20Naura%2C%20AMEC%2C%20and%20Piotech%20will%20book%20record%20orders%20through%202027.) ## Ask Bilby about it Carry the prediction into a question: what has changed since, who decides, and who is exposed. - [What has changed since it was made?](https://pulse.bilby.ai/?prompt=What%20has%20changed%20since%20Bilby%20predicted%20this%3F%20Chinese%20chip-equipment%20makers%20Naura%2C%20AMEC%2C%20and%20Piotech%20will%20book%20record%20orders%20through%202027.) - [Who decides whether it happens?](https://pulse.bilby.ai/?prompt=Who%20decides%20whether%20this%20happens%3F%20Chinese%20chip-equipment%20makers%20Naura%2C%20AMEC%2C%20and%20Piotech%20will%20book%20record%20orders%20through%202027.) - [Who gains and who loses if it does?](https://pulse.bilby.ai/?prompt=Who%20gains%20and%20who%20loses%20if%20this%20happens%3F%20Chinese%20chip-equipment%20makers%20Naura%2C%20AMEC%2C%20and%20Piotech%20will%20book%20record%20orders%20through%202027.) ## More from China 37 predictions on China so far, newest first. - 9 Nov 2026 · [Costly winter gas purchases will push CPC’s accumulated losses to about NT$127.6 billion by the end of 2026](https://bilby.ai/predictions/p/209/costly-winter-gas-purchases-will-push-cpc-s-accumulated-losses-to-about-nt-127-6) · Unresolved - 6 Nov 2026 · [Nvidia is likely to win additional computing orders by the end of 2027.](https://bilby.ai/predictions/p/208/nvidia-is-likely-to-win-additional-computing-orders-by-the-end-of-2027) · Unresolved - 5 Nov 2026 · [China’s IPO restrictions will redirect billions of yuan towards private financing.](https://bilby.ai/predictions/p/205/china-s-ipo-restrictions-will-redirect-billions-of-yuan-towards-private-financin) · Unresolved [All 37 from China](https://bilby.ai/predictions/log?tag=china) · Marked true or false when each resolves ## See what we’re seeing next. New predictions in the Asia Daily Take, free every weekday, and in Bilby whenever you have a question. [Get the Asia Daily Take](https://bilby.ai/asia#asia-daily-take) · [Try Bilby](https://pulse.bilby.ai/sign-up)