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And the US does not need ASML. Europe could use ASML, but doesn't.
by spwa4 9mo ago
And the US does not need ASML. Europe could use ASML, but doesn't.
- hvb2 9mo agoThe US doesn't need ASML. Right, ASML is so replaceable that the US forces the Dutch government to put export controls on some of their machines. There's no substitute in the world for the top tier machines ASML makes.
- petcat 9mo ago> forces the Dutch government to put export controls on some of their machines That's because the critical EUV light source technology is developed in California by a US-based subsidiary of ASML. The US and EU have mutual interest in protecting the technology and machines. If export control agreements were not in place then ASML would have never been permitted to acquire Cymer. And if they are not enforced then the US would almost certainly require ASML to sell Cymer back to US ownership, TikTok-style.