In a move that could dent China’s relations with the European Union, Chinese technology company Wingtech said control of its Dutch subsidiary Nexperia has been effectively frozen, following an intervention by a government ministry and court in the Netherlands. In a corporate filing dated October 13, lodged with the Shanghai Stock Exchange on Sunday, Wingtech…
A bipartisan group of American lawmakers is pushing for a “dramatic” expansion of export controls on chip manufacturing equipment to China and alignment from US allies in restrictions, according to a report released on Tuesday. Their efforts come amid concern that US President Donald Trump is compromising national security in pursuit of a trade deal…
Premium Updated Oct 3, 2025, 08:53 PM IST The news, reportedly circulating on social media, suggested that SMEE’s EUV machine was on display at a major trade show in Shanghai. Shares of Shanghai Zhangjiang Hi-Tech Park Development, a stakeholder in SMEE, surged by the daily 10 per cent limit for two consecutive days. How rumors…
EU officials are scouring the continent for levers they can pull to inflict maximum pain on others, as they look to survive in a world in which allies and partners are weaponising Europe’s own dependencies at an alarming rate. Trade bureaucrats are building a database of potential chokepoints that can be squeezed as deterrents or…
As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set the tone for the country’s development over more than seven decades – we examine how these documents inform and reflect high-level policy priorities, what to expect in the coming iteration and how fine-tuning supply chains…
ASML (ASML) closed at $796.25 in the latest trading session, marking a +1.86% move from the prior day. The stock’s change was more than the S&P 500’s daily gain of 0.21%. On the other hand, the Dow registered a gain of 0.25%, and the technology-centric Nasdaq increased by 0.45%. Coming into today, shares of the…
China is set to deliver its first domestically developed e-beam lithography tool for commercial use, advancing its chipmaking capabilities and taking a step forward in the race for technological advancement. Lithography systems – among the most sophisticated machines ever created – are crucial for the mass production of chips, though China remains in the very…
US stock futures struggled on Wednesday as Wall Street braced for another inflation checkup after the latest consumer price reading spurred traders to pare bets on Federal Reserve interest-rate cuts. Dow Jones Industrial Average futures (YM=F) traded flat after the blue-chip index lost over 400 points in the prior session, while S&P 500 futures (ES=F)…
In southeastern Beijing, engineers at Semiconductor Manufacturing International Corp., China’s top chipmaker, are working around the clock to expand the output of 14-nanometer and even 7-nm chips, just a few generations behind the world’s leading chipmakers. Being able to make such advanced chips at all is a major breakthrough for a company that has been…
European chip equipment giant ASML has launched a project designed to discover and foster key engineering talent in China, in the latest show of its commitment to the market despite intensified US restrictions on advanced chipmaking technologies. The Dutch lithography system maker has launched a science competition aimed at deepening public understanding of lithography –…