Citrini Analyst: China DUV Progress Not Surprising, ASML Stock Selloff Excessive on July 28

ASML-4.39%
According to BlockBeats, Citrini analyst Jukan stated on July 28 that China's progress in DUV lithography technology is not particularly surprising, as the market had already formed certain expectations. Jukan noted that The Information's report only cited remarks from a professor at a Chinese transportation university during a June internal meeting, without disclosing substantial additional information. He assessed that ASML and other semiconductor equipment stocks experienced an overreaction to this news.
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