China’s Semiconductor Race: Upending Western Predictions of Inferiority

This venture poses a significant challenge to ASML’s dominance in extreme ultraviolet (EUV) technology, pivotal for cutting-edge chip manufacture. The successful creation of the ‘China’s Manhattan Project’ machine signals a shift in global chip supply dynamics. The prototype’s completion in early 2025 signifies a milestone in China’s tech ambitions. Although it is operational, the machine is yet to produce functional chips, but industry insiders suggest China is on course to achieve chip production independence by 2030, much sooner than anticipated. With semi-conductor independence in mind, the Chinese initiative, spanning six years, represents the nation’s response to the West and seeks…