China advances domestic DUV lithography

China has begun producing its first homegrown immersion DUV lithography systems, with deliveries planned for $CXMT.

That is an important step for China’s semiconductor supply-chain independence.

The breakthrough could reduce reliance on $ASML at mature nodes, especially for less advanced chip production.

But the near-term competitive threat still looks limited.

Output remains tiny, and performance continues to trail ASML’s systems.

For $ASML, China’s progress matters strategically, but it does not yet replace the company’s dominance in high-end lithography.