The superhard coating technology for cutting tools has important applications in the field of mechanical processing. This article introduces the development of superhard coating materials for cutting tools, including low-pressure gas-phase synthesis of diamond, cubic boron nitride, and physical vapor deposition (PVD) coating technology. The superhard coating of cutting tools is widely used in turning, milling, tapping, key component machining, high-speed steel drill bits and taps. Research has shown that coatings can reduce cutting forces and improve tool life, but attention should be paid to residual compressive stress. The future development direction includes researching new superhard material cutting tools and developing coating methods that are more wear-resistant and have high temperature hardness.