Semiconductor Sell-off
Hundreds of billions in global market value erased over a initial run of just five machines.
Semi’s are tanking on this headline:
“CHINA STARTS MASS-PRODUCING HOMEGROWN DUV CHIPMAKING TOOLS, AN ADVANCE FOR LOCAL CHIP INDUSTRY” — THE INFORMATION
Breaking it down, China has begun limited production of its own immersion DUV lithography tools. Developer Shanghai Yuliangsheng plans to deliver 5 machines in 2026 to Chinese chipmakers such as SMIC, Hua Hong, and CXMT (ChangXin Memory), with output expected to rise to approximately 20 machines in 2027.
These tools still lag behind ASML’s equivalents in performance, throughput, and reliability. They will require months of additional testing and qualification before running on actual production lines.
Market Impact my thoughts and any Trades I am taking:
