Movement Alert|Kulicke & Soffa Falls 8.24% in Regular Trading, China Domestic DUV Lithography Development Continues to Pressure Semiconductor Equipment Stocks

Market Focus07-28

On July 28, Kulicke & Soffa declined 8.24% in regular trading, trading at $87.825/share, with turnover of $13.7984 million. The semiconductor equipment sector suffered a second consecutive day of heavy selling pressure.

On the news front, reports indicate that a Shanghai-based company backed by domestic policy support has initiated deep ultraviolet (DUV) lithography machine R&D and manufacturing, with plans to produce 5 units this year and a maximum capacity target of 20 units next year. The development has fueled concerns over the China business outlook for global semiconductor equipment makers, intensifying sector-wide selling. Current U.S. export controls on advanced semiconductor equipment have accelerated domestic self-sufficiency efforts, though domestic EUV lithography remains at the prototype stage.

Within the Semiconductor Equipment sector, the overall sector showed broad declines. Among individual stocks, ASML Holding NV down 5.15%, Lam Research down 10.44%, Applied Materials down 8.97%, KLA-Tencor down 7.31%, Teradyne down 9.45%.

Kulicke & Soffa is scheduled to release its fiscal third-quarter earnings on August 5 after market close, with consensus EPS expected at $0.87.

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