this post was submitted on 31 Jul 2026
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ASML shares plunge following reports of Chinese breakthrough in chip manufacturing. China has begun producing advanced chip manufacturing equipment, the very same that made ASML a major player (www.volkskrant.nl)
submitted 22 hours ago* (last edited 22 hours ago) by inari@piefed.zip to c/technology@lemmy.world
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[–] Buffalox@lemmy.world 22 points 20 hours ago

Absolutely, although China can't match Nvidia yet, they can now make chips that are good enough for 90% of the tasks.
Nvidia can no longer sell their second rate products developed specially for China anymore either.