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The chip-making machine at the center of Chinese dual-use concerns

• peter_d_sherman 6y ago
  >"An EUV machine is made of more than 100,000 parts, costs approximately $120 million, and is shipped in 40 freight containers. There are only several dozen of them on Earth and approximately two years’ worth of back orders for more. It might seem unintuitive that the demand for a $120 million tool far outstrips supply, but only one company can make them. It’s a Dutch company called ASML , which nearly exclusively makes lithography machines for chip manufacturing. Despite this hyperspecialization, it has a market capitalization of more than $150 billion dollars —much higher than IBM’s and only slightly lower than Tesla’s."