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That's the point. Instead of effortlessly being able to copy tech that's handed to them, they're going to have to spend time, money and talent to just catch up.
by EA-3167 3y ago
That's the point. Instead of effortlessly being able to copy tech that's handed to them, they're going to have to spend time, money and talent to just catch up. While that's happening it isn't as though ASML and others will be standing still, and they won't have to make a national espionage project out of their attempts.
Sanctions are about adding cost and friction, not some magical ideal of totally boxing countries off.
- mensetmanusman 3y agoExactly this. Increase cost of acquisition 10-1000x current market rates. The added benefit is that they may produce a competitor to ASML which actually drives down costs and increases innovation. Win win win!
- dwallin 3y agoIn addition, it gives the United States and EU the chance to catch up and build up their domestic semiconductor capabilities without being undercut by chips from China. Countries have too slowly realized the importance of this and are playing catchup after years of underinvestment.