China is shaking the world: despite all sanctions, production of advanced lithography began; ASML is no longer needed
New domestic production of advanced lithography tools could reduce dependence on ASML and shift semiconductor equipment supply.
Source →The trace
How it reaches your house.
Starting from ASML, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
ASML →Stands to benefitChina
The report explicitly says China is building the capability domestically because it can no longer buy it, making domestic DUV production the substitute supply China gains.
“China building the capability domestically because it can no longer buy it.”
90% confidenceCited →EUV Lithography Scanner (ASML) →Prices easeASML HoldingASML
China’s domestically developed lithography tools are a substitute for ASML’s scanners, so the incumbent ASML Holding faces displaced demand and weaker pricing power.
79% confidenceEUV Lithography Machines →Prices ease
Where it lands
What you buy, and what you own.
Goods you buy
Semiconductors and chips
In the MyPRIA app, this is checked against your own holdings.