I completely agree that this is a significant risk of the export controls.
But China was already expected to climb their way into semiconductor manufacturing with significant investment. What, were they not going to do that? ASML was threatened long-term either way.
But I agree it will definitely focus minds in China on the problem and lead to some acceleration of their progress.
But China was already expected to climb their way into semiconductor manufacturing with significant investment. What, were they not going to do that? ASML was threatened long-term either way.
But I agree it will definitely focus minds in China on the problem and lead to some acceleration of their progress.