China’s Chip Tool Push Reveals ASML’s Struggle Amid US-China Tech Standoff
July 28, 2026China’s move to develop a homegrown lithography chip printing machine is shedding light on the challenges facing European chip tool maker ASML. The recent surge in ASML’s share price has made it Europe’s most valuable listed company, but it now finds itself caught between US export controls and China’s push for technological independence in chip production.…
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