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But we saved everything 🙂.
Christophe Barraud, head of discretionary management and research at LIOR Global Partners, reports that China has started mass-producing its own DUV chipmaking tools, marking an advance for the local chip industry.
Shares of ASML erased previous gains following the news about China's DUV production capabilities.
Barraud has previously commented on energy markets, noting that fuel prices have remained a burden for consumers despite easing crude disruptions. He also highlighted how Warsh’s recent speech aimed to temper expectations for rapid Federal Reserve rate cuts. These updates reflect his ongoing coverage of market developments.