Dave5

The leadership of ASML had resisted these sanctions because they said it wouldn’t work: what would happen is that China would learn how to make the machines themselves.

What he didn’t say, but it is true, is that ASML would not just lose the Chinese market, they would eventually lose the world market anywhere that didn’t put high tariffs on China or ban Chinese ASML machines, because when China learns how to make their own they will inevitably be cheaper, and the quality will catch up at some point.

…

Sanctions against China are insanity. All they do is accelerate local production.

ASML leadership know one of the immutable rules of this game… cut of the oxygen supply and people will work out how to make their own oxygen. The Chinese are current the masters of this. FFS Canon Japan is already breathing down the neck of ASML with their new tech.