ASML and BESI, both listed in Amsterdam, resumed trading on July 27 and fell between 7.4% and 8% after having been temporarily pinned at their daily down limits earlier in the session. The weakness extended to German semiconductor names, with Infineon down about 3% and Siltronic AG off roughly 4%. The move came as The Information, citing people familiar with the matter, reported that a company backed by Chinese state capital has begun mass production of self-developed DUV, or deep ultraviolet, lithography manufacturing equipment. The report framed the development as a notable step in China’s push to replace imported semiconductor equipment with domestic alternatives.
ASML and BESI, both listed in Amsterdam, resumed trading on July 27 and dropped between 7.4% and 8% after earlier hitting their down limits.
German semiconductor stocks also moved lower. Infineon fell about 3%, while Siltronic AG was down roughly 4%.
On the news front, The Information, citing people familiar with the matter, reported that a company backed by Chinese state capital has started mass production of self-developed DUV, or deep ultraviolet, lithography manufacturing equipment. The report described it as an important step in China’s semiconductor industry push for domestic substitution.
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