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ASML (or the EU) actually has leverage over the US, here. This is a key initiative of the current (and past) US administration, but it depends on ASML, and the
by dehrmann 2y ago
ASML (or the EU) actually has leverage over the US, here. This is a key initiative of the current (and past) US administration, but it depends on ASML, and the US isn't close to an alternative.
- stubish 2y agoThey mention they rely on some US parts, and the US is in a better position to apply that power and win a game of chicken. ASML is a company, so unlikely to make a moral stand and choose destruction over continuing to do limited business.