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At close · Mon, Jul 27, 2026
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HomeGlobal MarketsChinaChina reports progress on chipmaking tool, but doubts…

China reports progress on chipmaking tool, but doubts remain

Analysts questioned whether China can compete with ASML, the dominant supplier in the market.

China is reportedly producing a key chip tool in a market long dominated by ASML, according to CNBC World.

The development has drawn skepticism from analysts, who questioned China’s ability to match the Dutch company’s capabilities and compete at scale.

The report highlights the gap between reported manufacturing progress and the practical challenge of building competitiveness in advanced chipmaking equipment.

As a result, the alleged breakthrough appears to come with caveats around whether it can meaningfully reshape the competitive landscape for critical lithography-related tools.

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