EconPulse Markets. Economy. Malaysia & The World. Tue, 28 Jul 2026
Markets

‘Picks and shovels’ trade comes unstuck as AI hardware stocks plunge on competitive threat from China

‘Picks and shovels’ trade comes unstuck as AI hardware stocks plunge on competitive threat from China
Image: MarketWatch

Summary

Asian stocks sold off sharply on Tuesday amid reports that China is now capable of manufacturing DUV lithography machines.

Source & full coverage: this summary is aggregated from MarketWatch, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at MarketWatch →