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Investment bank Goldman Sachs believes Chinese lithography companies are at least 20 years behind their US counterparts. Lithography is one of several portions of semiconductor fabrication, and it is the only bottleneck that prevents China from manufacturing high-end chips. The most advanced lithography machines are manufactured by the Dutch firm ASML, and since they rely on American-origin components, the US government is able to restrict their sales to China.

Chinese Domestic Lithography Equipment Is Currently At 65-nanometers, Says Goldman Sachs

Chinese technology giant Huawei is sanctioned by the US government from procuring chips from Taiwan's

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