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That's true, but this is one of the most important techs we have. From the recent news, I see that TSMC wants ASML to scale up as well. TSMC announced that it w
by terminalcommand 4y ago
That's true, but this is one of the most important techs we have. From the recent news, I see that TSMC wants ASML to scale up as well. TSMC announced that it will cut its capital expenditure by 10% due to supply problems. This announcement tanked ASML's share price.
My comment is that ASML is hitting their profit targets, they have backlog until 2024. If I were leading ASML or an employee of it, I wouldn't want to scale up. I am already hitting my targets, it's cozy, I have backlog until 2024, I have no competition.
The current situation is good for ASML and bad for us.
My comment is equally applicable for all companies in the supply chain that are monopolies.
- snovv_crash 4y agoApparently ASML's internal processes are a mess, with everything consistently blocked by technical debt. I suspect this is the biggest blocker to their ability to scale their production faster.
- achenet 4y agothis makes me wish I were like the Harvey Keitel character in Pulp Fiction, so I could straighten my tie, say "I'm on it", and hop into my vintage Mercedes convertible to go fix it.
- mattclarkdotnet 4y agoIt’s a Honda and it’s not a convertible. Memory is strange.
- tyingq 4y agoUS model, so it was an Acura NSX. Don't know if the one in the film had it, but some years of the NSX had a removable targa top.
- lmm 4y agoFrustrating your consumers by not being able to supply their orders is how you stop being a monopoly. Eventually your backlog is long enough that it becomes worth your clients figuring out how to do what you do in-house, or a startup spots an opportunity. Being oversubscribed is a nice position to be in, but it doesn't mean you can rest on your laurels. (Plus, even if you're hitting your profit targets, leaving a boatload of money on the table has gotta be frustrating for at least some of ASML's employees and insiders).