➀ A former ASML employee with a Russian background was detained by the Dutch government for allegedly stealing chip-making manuals and other files from ASML and Mapper Lithography, sparking concerns from all sides;

➁ Mapper, a firm specializing in electron-beam lithography, was acquired by ASML in 2019, leading to a power struggle among the US, the Netherlands, China, and Russia;

➂ Mapper's technology, with high resolution and low cost, was considered a competitor to EUV lithography machines, but failed to gain widespread adoption due to its slow speed and low efficiency;

➃ Mapper received investment from RUSNANO, a Russian investment fund, which helped establish a factory in Moscow to produce necessary parts, but later faced financial difficulties and sought Chinese partners;

➄ The US Department of Defense was interested in Mapper's technology but failed to secure a deal, leading to Mapper's bankruptcy and ASML's acquisition;

➅ ASML acquired Mapper's technology and patents, but closed its electron-beam lithography product line, while Mapper's Russian factory was acquired by RUSNANO and continues to operate;

➆ Russia and China are continuing to develop their own electron-beam lithography technologies to meet their semiconductor manufacturing needs.

➀ Dutch Minister of Asylum and Migration has imposed a 20-year entry ban on a former ASML employee.

➁ The ex-employee, a 43-year-old Russian engineer, is also facing charges for violating sanctions regulations.

➂ He is accused of stealing ASML and Mapper Lithography chip technology documents over the years.

➀ ASML's overlay tool (YieldStar) and OPC mask making software (Tachyon suite) sales impacted by new export controls;

➁ Updated export control regulations include metrology and software in restricted technologies list;

➂ Additional fab locations in China added to US restrictions list;

➃ Commerce issued three new documents clarifying new export control rules;

➄ China's semiconductor phone book copied-pasted in the new export control list;

➅ ERC added 106 entities to the Entity List.

➀ The semiconductor market is experiencing a mixed situation with some companies thriving and others struggling.

➁ ASML's stock price continues to fall due to challenges in the market and geopolitical uncertainties.

➂ BESI's revenue and orders have grown significantly, but the company is facing challenges in the mainstream and Chinese packaging equipment markets.

➃ Lam Research has reported strong financial results, driven by strong demand for advanced logic and DRAM in Asia.

➄ Teradyne's revenue increased due to robust performance in its semiconductor testing business.

➅ ASM International's order book exceeded analyst expectations, driven by strong demand for AI chip key technologies.

➆ KLA's revenue and earnings exceeded expectations, and the company is optimistic about the semiconductor market's growth in 2025.

➇ SK Hynix achieved record profits and sales due to strong sales of high-end AI memory products like HBM.

➈ TSMC's third-quarter profit increased significantly, driven by strong demand for AI chips.

➉ United Microelectronics Corporation reported better financial results compared to Force Microelectronics Inc.

➊ Infineon and Texas Instruments have different views on the automotive semiconductor market, with Infineon predicting a slowdown and Texas Instruments remaining optimistic.

➀ TSMC is set to receive the first shipment of the world's most advanced chipmaking machines from ASML.

➁ These high NA EUV lithography machines are the most expensive chipmaking equipment, costing around $350 million each.

➂ TSMC will receive them just months behind U.S. rival Intel.

➀ ASML CEO Christophe Fouquet predicts the U.S. will increase pressure on semiconductor technology sales to China.

➁ Fouquet believes the key issue is what is beneficial for the Netherlands and Europe.

➂ ASML's business with China focuses on mature technology with low relevance to national security.

➃ Current export restrictions have caused China to lag behind in advanced technology by 10 to 15 years.

➄ Fouquet estimates the chip market will recover in 2025, with 2026 expected to be ASML's 'growth year'.

➀ Samsung Electronics has postponed taking deliveries of ASML's chip-making equipment for its new Texas factory due to a lack of major customers.

➁ The delay is a setback for Samsung's $17 billion Taylor project, which aims to expand into contract chip manufacturing.

➂ ASML, the world's largest chipmaking equipment supplier, has cut its 2025 sales forecast due to the delay.

➀ ASML, a major semiconductor manufacturing equipment company, has lowered its earnings forecast, impacting global semiconductor stocks.

➁ ASML's revenue from the Chinese market, which accounted for about 50% of its overall revenue, is expected to decline to around 20% next year due to US export controls.

➂ The semiconductor industry is facing weak demand, particularly for AI以外的 products, and concerns about the impact of US export controls are rising.

➀ Investors are realizing the upcycle isn't as strong as stocks indicate.

➁ Industry bifurcation between AI and the rest of the industry continues.

➂ China's spending risk/overhang is now impacting the market.

➃ ASML's order decline indicates a more gradual recovery in the semiconductor industry.

➄ The AI sector remains strong while the majority of the chip industry is weak.

➅ Many investors mistakenly take AI's success as an indicator of the entire chip market.

➆ The chip industry is bifurcating into AI and non-AI sectors.

➇ China's spending is unsustainable and could lead to sanctions.

➈ The chip equipment industry is likely to follow ASML's downward trend.

➉ Investors should be more selective in chip stock investments.

➀ ASML's order book and outlook have been revised downwards, primarily due to cuts in orders from Samsung Electronics and Intel.

➁ ASML and TSMC are expected to begin negotiating the 2025 equipment procurement prices, with ASML possibly adjusting prices in reverse.

➂ The negotiation results between the two companies will not only affect ASML's future performance growth but also affect the pricing of equipment manufacturers in Europe, America, and Japan.

➀ ASML's Q3 2024 financial performance report was released, showing a significant increase in EUV sales and ArF units.

➁ NetBooking and next year's guidance have decreased, but there is no need to be overly pessimistic.

➂ EUV sales increased by 11 units compared to the previous quarter, with 38 immersion ArF units, the second highest number in history.

➃ China remains strong in terms of sales, while North America is rising, possibly due to Intel's EUV.

➄ The price of EUV has increased, and the new model NXE:3800E's share has risen.

➀ ASML's orders fell far short of expectations, leading to a stock crash and dragging down the semiconductor sector;

➁ Apple quietly released the new iPad mini, pushing its stock to a new high;

➂ The Paris Motor Show opened, with Tesla returning after 5 years;

➃ China's new energy vehicle retail penetration rate reached 53.3% in September;

➄ Starbucks is reducing promotions and discounts;

➅ ASML, Ericsson, LVMH, Johnson & Johnson, Walgreens Boots Alliance, Bank of America, Citigroup, Goldman Sachs, Charles Schwab, and State Street announced earnings.