SHOCKING: 2 | Mind Blowing Facts

A machine made by China sends shockwaves in the chip industry

China has begun mass-producing its own lithography machines, challenging ASML's global dominance. This development marks a significant step towards Beijing's technological self-sufficiency goals. The move comes after years of US-led export controls on advanced chip technology. This breakthrough represents a milestone in China's semiconductor manufacturing capabilities.

The Economic Times · Jul 28

China's Lithography Breakthrough Sends Chip Stocks Lower While Experts Question Impact

China's homegrown DUV lithography breakthrough sent chip stocks tumbling, but the country remains far behind in the lithography manufacturing techniques needed to compete effectively in the global AI race.

International Business Times · Jul 28

Explained: The $400 million ASML 'printers' key for the AI chip boom

Advances in AI ​and a global buildout of data centres have led chipmakers to expand capacity rapidly. ASML supplies tools to TSMC, which makes chips for Nvidia, as well as to memory chip makers like SK Hynix, Samsung and Micron.

The Economic Times · Jul 28

Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firms

European stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consumer goods and luxury sectors provided a buffer against wider market declines. Lower oil prices lent further support, keeping investor confidence steady. Attention now turns to anticipated announcements from the U.S.…

The Economic Times · Jul 28

Seoul leads Asian market sell-off as tech stocks dive

HONG KONG - The Kospi in South Korea plunged 10% as tech shares took a battering on another black day for Asian stock markets, with a report of a breakthrough in China’s chip industry compounding worries about the longevity of the AI boom.

Bangkok Post · Jul 28

China's DUV Breakthrough Triggers ASML Sell-Off as Homegrown Tools Enter Production

China's DUV breakthrough is set to test US and Dutch export bans, as domestic chip tools enter production and investors question ASML's future China sales.

International Business Times UK · Jul 27

ASML Stock Falls on Reports of Chinese DUV Competition

ASML stock sinks on reports of rising Chinese DUV competition. Here’s why ASML shares are worth buying on the dip.

Barchart · Jul 27

China begins mass production of homegrown immersion chipmaking machines in major breakthrough, report claims — first DUV lithography units will be delivered this year to SMIC, Hua Hong, and CXMT

A state-backed company in Shanghai has begun mass-producing immersion deep ultraviolet lithography machines and is due to deliver the first units this year.

Tom’s Hardware · Jul 27

China begins making homegrown DUV chipmaking tools: The Information

The machines are expected to be delivered this year to leading ‌Chinese chipmakers, ⁠including ⁠Semiconductor Manufacturing International Corp, Hua Hong Semiconductor and ChangXin Memory ​Technologies, the report said, citing people familiar with the matter.

The Economic Times · Jul 27

Zeiss expands German site that caps ASML's EUV scanner output — first new building opens four years after Oberkochen site groundbreaking

Zeiss Semiconductor Manufacturing Technology is adding around 25,000 square meters of production and production-adjacent space at Oberkochen in southern Germany.

Tom’s Hardware · Jul 26