China has reportedly begun manufacturing domestically developed immersion deep ultraviolet (DUV) lithography machines, a key chipmaking tool long dominated by Dutch supplier ASML, as it seeks to reduce reliance on foreign semiconductor technology.
Dutch chip equipment maker ASML announced it will grant all employees a one-time €20,000 restricted stock award vesting in 2030, contingent on continued employment. The bonus follows the company raising its full-year sales outlook to €43-45 billion as AI demand drives record chip equipment orders.
US Commerce Secretary Howard Lutnick met with ASML leadership to express concerns that one of the company's top-tier extreme ultraviolet (EUV) lithography machines may have reached China. ASML has denied ever shipping EUV equipment to China.
