China begins producing domestic DUV lithography machines, challenging ASML's dominance amid US export controls with implications for crypto

China starts limited production of domestic immersion DUV lithography machines as SMIC tests tools from Yuliangsheng, targeting 28nm chips by

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%.

Home-grown chipmaking tools could shield Beijing from further Western restrictions

On the one hand, US controls on exports of high-tech goods to China are threatening to reduce access to a major market; and on the other, Beijing's push for technological…