This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ben Cohen: Microchips are used everywhere, in cars, gaming consoles, medical ...

China has claimed a breakthrough in a domestically developed chip making machines, marking a vital step in overcoming U.S. curbs on the country's semiconductor ambitions, Bloomberg News reported.

In context: ASML Holding is the Dutch company that develops the world's most advanced chip manufacturing machines. Many are attempting to replicate ASML's technology, but, if the rumors coming from ...