ENXTAM:ASMLSemiconductor
Huawei Chip Plan Tests Reliance On ASML As Valuation Stays Rich
Huawei has outlined plans to produce 1.4-nanometer chips using its own "LogicFolding" process, without relying on ASML's EUV lithography systems.
The announcement directly questions the industry's long held view that ASML tools are essential for leading edge chip production.
This move could influence future demand expectations for ASML Holding's core lithography products.
For investors following ASML Holding (ENXTAM:ASML), Huawei's message lands at a time when the stock price, at about...