A state-owned Chinese company, Shanghai Aishengna Electronic Technology Group, has started mass producing deep ultraviolet (DUV) lithography machines that directly compete with ASML's China business, which accounts for about 20% of its 2026 sales. While ASML remains the sole supplier of extreme ultraviolet (EUV) systems and leads in advanced lithography, Chinese DUV machines currently lag behind by several generations but could disrupt ASML's market share in 3-5 years. ASML's recent strong financial results and AI-driven demand support a Hold rating, but investors are cautious due to the emerging Chinese competition and potential export restrictions. The situation will become clearer over the next few quarters as Chinese fabs begin placing orders and new policies emerge.
ASML's market cap stands at $614.67 billion as of Oct 23, 2026, with a modest dividend yield of 0.6%, reflecting its strong position in the technology sector. Despite emerging competition from Chinese DUV lithography machines, ASML's stock price on Pluang has edged up 0.59% to USD 1,569.78, supported by steady demand and investor interest. Trading volume reached over 2 million shares, indicating active market participation as the company navigates potential shifts in its China business over the next few years.
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