China's Mass Production of DUV Lithography Tools Slams ASML Shares; Supply Chain Calls Panic Overblown

IanAndrewsDC · x · 2026-07-28

ASML shares fell as much as 6.5% after The Information reported that a state-backed Shanghai company began mass-producing immersion DUV lithography machines.

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Despite the stock market dip, analysts note that SMIC has been trialing this tool since September last year. Actual capacity ramp-up takes time, suggesting market panic over domestic DUV tools is overblown.

Related event: Rumors of China's Domestic DUV Mass Production Trigger ASML Plunge(3 posts)→

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