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China Develops Homegrown DUV Chipmaking Tools, Challenging ASML's Market Position

China Develops Homegrown DUV Chipmaking Tools, Challenging ASML's Market Position

China Develops Homegrown DUV Chipmaking Tools, Challenging ASML's Market Position
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China's Domestic DUV Chipmaking Tools Challenge Global Supply Chain

China's Domestic DUV Chipmaking Tools Challenge Global Supply Chain

China has started manufacturing its own immersion deep ultraviolet (DUV) lithography machines, a critical chipmaking tool previously dominated by Dutch company ASML. These machines are expected to be delivered to major Chinese chipmakers like Semiconductor Manufacturing International Corp and Hua Hong Semiconductor. While this development could challenge ASML's dominance in China, the new machines still lag in performance and reliability. Initial production will be limited, with plans to produce about five machines this year and 20 by 2027.
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China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai

China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai

Shares of Chinese memory chipmaker CXMT have soared as the company began trading in Shanghai in mainland China’s biggest IPO in recent years
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U.S. Chip Stocks Decline Amid China's DUV Lithography Breakthrough

U.S. Chip Stocks Decline Amid China's DUV Lithography Breakthrough

U.S. Chip Stocks Decline Amid China's DUV Lithography Breakthrough
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Samsung, SK Hynix slide amid Nvidia financing worries, China competition

Samsung, SK Hynix slide amid Nvidia financing worries, China competition

By Heekyong Yang SEOUL, July 28 (Reuters) - South Korean chip stocks slumped on Tuesday, with Samsung Electronics and SK Hynix falling as much as 9.5% and 10.9%, respectively, as investors dumped AI-related bets amid mounting concerns over financing risks tied to AI infrastructure spending and
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Chip Stocks Decline as China Advances Domestic Lithography Production

Chip Stocks Decline as China Advances Domestic Lithography Production

Chip Stocks Decline as China Advances Domestic Lithography Production
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CXMT Becomes China's Most Valuable Listed Company After IPO Surge

CXMT Becomes China's Most Valuable Listed Company After IPO Surge

CXMT Becomes China's Most Valuable Listed Company After IPO Surge
Reuters Reuters
Morning Bid: China chip champ

Morning Bid: China chip champ

By Mike Dolan July 27 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A pause in the Iran conflict and a sizeable retreat in crude oil prices away from $100 per barrel offer some relief at the start of what's set to be another turbulent
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Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debut

Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debut

By Yantoultra Ngui and Samuel Shen SINGAPORE/SHANGHAI, July 27 (Reuters) - Shares of CXMT Corp soared 466% on their Shanghai trading debut on Monday following Asia's biggest IPO this year, catapulting the chipmaker to the top of China's stock market by valuation despite a recent selloff in global
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CXMT's Market Debut: Impact on China's Semiconductor Industry

CXMT's Market Debut: Impact on China's Semiconductor Industry

CXMT's Market Debut: Impact on China's Semiconductor Industry
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AI anxiety sparks tech rout, broad selloff in Asian markets

AI anxiety sparks tech rout, broad selloff in Asian markets

SINGAPORE, July 28 (Reuters) - Asian markets fell on Tuesday led by chipmakers on unease about the massive funding demands of the AI boom, while a slide in oil prices did relatively little to lift bonds and left traders nervous about U.S. rate hikes, maybe as soon as this week.
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Chipmaker CXMT vaults to top of China's valuation with 530% surge in Shanghai debut

Chipmaker CXMT vaults to top of China's valuation with 530% surge in Shanghai debut

By Yantoultra Ngui and Samuel Shen SINGAPORE/SHANGHAI, July 27 (Reuters) - Shares of CXMT Corp surged more than 500% on their Shanghai trading debut on Monday following Asia's biggest IPO this year, catapulting the chipmaker to the top of China's stock market by valuation despite a recent selloff in