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China has begun mass production of advanced sovereign lithography machines, challenging ASML's market dominance.

China has initiated serial production of its own advanced sovereign lithography machines, marking a significant challenge to the global semiconductor equipment leader, ASML. Despite existing sanctions, China’s breakthrough development in deep ultraviolet (DUV) lithography technology undercuts ASML's monopoly in the field. This milestone has caused ASML's and related U.S. chip companies' stocks to drop, as the semiconductor industry faces new competitive pressures.