#kospicrashes11%onchinaduvchipthreat
South Korea's KOSPI just triggered a circuit breaker after plunging 11% to 6,023.
Why? China just cracked DUV.
Reports that China has started mass-producing its own immersion Deep Ultraviolet (DUV) lithography machines sent shockwaves:
SK Hynix -14.7% 📉Samsung -13.3% 📉Kioxia (Japan) -18% 📉ASML (Europe) -10%+ this week
The fear: If China can make cheap memory chips without ASML, Samsung & Hynix's entire moat is at risk.
Is the AI chip bubble finally cracking? The "picks and shovels" trade is breaking down.
#KOSPI #Semiconductor #China #ASML #Samsung #SKHynix #StockMarket
South Korea's KOSPI just triggered a circuit breaker after plunging 11% to 6,023.
Why? China just cracked DUV.
Reports that China has started mass-producing its own immersion Deep Ultraviolet (DUV) lithography machines sent shockwaves:
SK Hynix -14.7% 📉Samsung -13.3% 📉Kioxia (Japan) -18% 📉ASML (Europe) -10%+ this week
The fear: If China can make cheap memory chips without ASML, Samsung & Hynix's entire moat is at risk.
Is the AI chip bubble finally cracking? The "picks and shovels" trade is breaking down.
#KOSPI #Semiconductor #China #ASML #Samsung #SKHynix #StockMarket