Summary

Zhipu AI had no dedicated news this week, but the broader china-stack-independence story it sits within advanced on lithography and policy fronts.

• 🏗️ China began mass-producing its own immersion DUV lithography tools on July 28, a step toward domestic chip-supply independence.
• 🌍 The White House named a specific target in the US-China AI-policy fight on July 23, another beat in the same china-stack-independence story.
• 🔬 Zhipu AI itself had no dated development this week; its coverage runs entirely through the shared china-stack-independence thread.

👀 Whether Z.AI's planned GLM-5.5 launch keeps momentum in the story, and how US chip-equity markets read the lithography progress, remains open.