ASML SLIDES ON REPORT OF CHINA STARTING DUV TOOL PRODUCTION

Summary from the TLDR newsletter

A Shanghai-based company has started mass producing immersion deep ultraviolet lithography tools. The unnamed firm aims to make about five DUV machines this year and is targeting about 20 next year. Production is still at an early stage. DUV machines are less advanced than ASML's sophisticated extreme ultraviolet lithography tools. ASML has been banned from exporting its tools to China.