Dossier
DUV lithography machines
Coverage of DUV lithography machines in the Nexus archive.
- Europe's biggest tech giant slides 5% on reports of a Chinese rival encroaching on its turf
ASML shares fell nearly 5% after reports that a Chinese state-backed company began mass production of DUV lithography machines, challenging ASML's dominance in the market. The Chinese machines are at an early stage but signal progress in China's yearslong effort to match ASML's technology.
- ‘Picks and shovels’ trade comes unstuck as AI hardware stocks plunge on competitive threat from China
Asian stocks sold off sharply as reports indicate China can now manufacture DUV lithography machines. The 'picks and shovels' trade in AI hardware stocks has declined due to competitive threats from China's advancing technology.