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ASML Stock Slides as China Mass-Produces Chip Tools - ASML Holding (NASDAQ:ASML)
ASML is tumbling Monday, set for their steepest drop since June, after reports China is making its own immersion lithography machines.
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thenextweb.com
ASML shares fell 6.5% after a report that China has started mass-producing DUV lithography tools
A Shanghai-based company has begun making immersion DUV lithography machines, The Information reported. ASML shares dropped 6.5%. China's share of ASML sales fell to 14%.
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investors.com
ASML Stock Plunges On China News, Leads Chip Stocks Lower
ASML stock tumbled on a report of competition emerging in China. It was among the biggest losers on the Philadelphia semiconductor index.
