> In his own narrative, the most direct cause of chip shortage is stockpiling, primarily by Chinese companies worried about potential or impending sanctions. T

> In his own narrative, the most direct cause of chip shortage is stockpiling, primarily by Chinese companies worried about potential or impending sanctions. That's mostly older machines [0] and only started happening after the US leaned hard on the Dutch to cancel the sale of state of the art ASML lithography equipment to China [1] [0] https://wccftech.com/china-has-been-buying-used-semiconductor-manufacturing-equipment-at-a-higher-rate-in-an-attempt-to-avoid-us-restrictions/ https://wccftech.com/china-has-been-buying-used-semiconducto... [1] https://www.reuters.com/article/us-asml-holding-usa-china-insight-idUSKBN1Z50HN https://www.reuters.com/article/us-asml-holding-usa-china-in...