Analyst Calls ASML Sell-Off Overdone Amid China DUV Production Reports

Citrini analyst Jukan argues semiconductor equipment stock declines are excessive, citing limited evidence behind reports of China's mass production of domestic DUV lithography machines.

Woofun AI reports that Citrini analyst Jukan characterized the market reaction to China's DUV lithography progress as unsurprising and the subsequent sell-off in stocks like ASML as overdone. He noted that recent reports relied on a single university professor's internal speech rather than substantial new data.

Earlier reports indicated a state-backed entity began mass-producing domestic DUV equipment, targeting five units in 2026 and twenty in 2027. While this volume remains far below ASML's 131 immersion systems delivered last year, the move is viewed as a step toward supply chain autonomy.