Chip stocks slide as China advances domestic lithography, memory production
Chip stocks slide as China advances domestic lithography, memory production Proactive uses images sourced from Shutterstock Shares of major chipmakers fell sharply on Monday after reports that a state-backed Chinese firm has begun mass-producing domestic deep ultraviolet (DUV) lithography machines. ASML Holding NV (NASDAQ:ASML, XETRA:ASME) dropped more than 7% as China’s progress in domestic DUV…