China rocked the Western AI moat thesis via a trifecta of volleys in the past few days: when Moonshot released its hyper-competitive Kimi K3 AI model, when CXMT soared nearly 500 percent in its public market debut, and when it came out that a secretive Chinese company was gunning for mass production of DUV lithography machines. Now, we've just gleaned some juicy tidbits regarding China's third volley that's related to its concerted DUV push, reportedly spearheaded by none other than a subsidiary of Shanghai Electric, called Shanghai Aishegna. China's DUV push is reportedly being spearheaded by a subsidiary of Shanghai […]
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