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Nvidia, AMD, SK Hynix, Micron Shares Plunge Up To 9% After China Cracks DUV Lithography
in5points
Shares of Nvidia, AMD, SK Hynix, and Micron fell up to 9% after a report on Chinese DUV lithography production.
A Chinese state-backed firm has reportedly started mass-producing domestic DUV lithography machines.
The news raised concerns about reduced future demand for Western chip equipment.
China's push for self-reliance in semiconductor manufacturing threatens established suppliers.
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Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani