ASML Falls Over 7% Intraday to $1,633 Amid Chinese DUV Chipmaking Progress

ASML-7.12%
According to The Information, ASML stock fell over 7% intraday on July 27 to around $1,633, following reports that a Chinese state-backed enterprise has begun mass-producing domestically developed DUV (deep ultraviolet) lithography equipment, marking a significant step in China's semiconductor industry push toward domestic chip manufacturing alternatives.
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