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EU chip goal 'unrealistic' says ASML CEO

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Re: EU chip goal 'unrealistic' says ASML CEO

#151
post #134

Earlier quoted context omitted.

ASML isn't guarding profound insights revealed by the gods requiring some sort of eternal liver pecking sacrifice to obtain. If the EU plays hardball to too great an extent, other countries will replicate the research. China will already have started their attempts. It isn't crazy to expect them to achieve success single handedly. If all of Asia starts mucking in the EU will get crushed. The EU does not have a track…

>ASML isn't guarding profound insights revealed by the gods requiring some sort of eternal liver pecking sacrifice to obtain. As someone who's worked in semiconductors... [citation needed] on that claim. >If the EU plays hardball to too great an extent, other countries will replicate the research. If they could have , they would have . Many have been trying, and still are. >China will already have started their attem…

> The EU does not have a track record of staying ahead when they tangle with Asians for tech manufacturing supremacy.

ASML is literally the one that won vs Japan's Canon/Nikon.

https://www.linkedin.com/pulse/race-technological-dominance-...

Re: EU chip goal 'unrealistic' says ASML CEO

#152

The EU is simply too scared to actually put it's foot down. If they really want to, they can just limit the export of ASML machines only to companies that have at least one of their fabs here in the EU. But they won't. In stead they will just handover €30 billion of public money to multinational corporations with market caps larger than the yearly GDP of some EU countries. Edit: For clarity, I'm not suggesting bannin…

They cannot, ASML tech is licensed from a US government (DOE) owned company - EUV LLC under full congressional oversight. The EUV light source is made in the US because they had to buy a US company for that too.

Re: EU chip goal 'unrealistic' says ASML CEO

#153

Earlier quoted context omitted.

> don't punish individuals and companies trying to get work done and benefit your economy Getting work done is one thing, why should locals support tax breaks for expats? "Technology companies including ASML Holding NV and Adyen NV called on the Dutch government to maintain a tax break that seeks to attract expatriates to the Netherlands. Ingrid Thijssen, head of the Confederation of Netherlands Industry and Employer…

I live in a Scandinavian country. Our welfare system is structured such that people are expected to withdraw from the tax pool during the beginning and end of life, and contribute to the pool in between. Adult immigrants will benefit less from the system than locals over their lifetime, but may end up contributing as much. Adult immigrants with advanced degrees who come to work here for a few years and then move out…

At the very least Sweden has that in place: you can become income tax exempt for the first 5? years as an expert or similar specialist.

Re: EU chip goal 'unrealistic' says ASML CEO

#154
post #143

The EU is simply too scared to actually put it's foot down. If they really want to, they can just limit the export of ASML machines only to companies that have at least one of their fabs here in the EU. But they won't. In stead they will just handover €30 billion of public money to multinational corporations with market caps larger than the yearly GDP of some EU countries. Edit: For clarity, I'm not suggesting bannin…

> they can just limit the export of ASML machines only to companies that have a fab here in the EU This kills the crab. Specifically, that would force the development of a (probably taxpayer-funded) US competitor. Even at the cost of delaying the shrink cycle by a few years.

And delaying the shrink cycle would let China catch up.

Re: EU chip goal 'unrealistic' says ASML CEO

#155
post #134

The EU is simply too scared to actually put it's foot down. If they really want to, they can just limit the export of ASML machines only to companies that have at least one of their fabs here in the EU. But they won't. In stead they will just handover €30 billion of public money to multinational corporations with market caps larger than the yearly GDP of some EU countries. Edit: For clarity, I'm not suggesting bannin…

ASML isn't guarding profound insights revealed by the gods requiring some sort of eternal liver pecking sacrifice to obtain. If the EU plays hardball to too great an extent, other countries will replicate the research. China will already have started their attempts. It isn't crazy to expect them to achieve success single handedly. If all of Asia starts mucking in the EU will get crushed. The EU does not have a track…

> The EU does not have a track record of staying ahead when they tangle with Asians for tech manufacturing supremacy.

Depends on your definition of "tech", see e.g. Airbus.

Re: EU chip goal 'unrealistic' says ASML CEO

#156

Earlier quoted context omitted.

>> locally quite high $80k annual income (STEM PhD, 40yo) I love Europe, both for the lifestyle and the safety net. But the salaries are kind of shocking for an American.

Healthcare, education and retirement/social security included.

Yeah but that pay is peanuts. None of that stuff costs even close to enough to justify taking less then half the pay.

Don't get me wrong the safety net component is really nice but as long as the goings good it's a hard sell compared to the USA.

Re: EU chip goal 'unrealistic' says ASML CEO

#158

The EU is simply too scared to actually put it's foot down. If they really want to, they can just limit the export of ASML machines only to companies that have at least one of their fabs here in the EU. But they won't. In stead they will just handover €30 billion of public money to multinational corporations with market caps larger than the yearly GDP of some EU countries. Edit: For clarity, I'm not suggesting bannin…

They cannot, ASML tech is licensed from a US government (DOE) owned company - EUV LLC under full congressional oversight. The EUV light source is made in the US because they had to buy a US company for that too.

How does controlling one component give them control over the whole machine?

Re: EU chip goal 'unrealistic' says ASML CEO

#159

Earlier quoted context omitted.

It's news to me that NATO's top priority is a company created 35 years after its own.

That it is news to you doesn't mean it isn't true. ASML is strategic enough that NL actually adapted some rules that wouldn't fly for any other Dutch company. ASML has to go to Washington to ask for export permits for items that it would be free to export under Dutch/EU law. That doesn't happen without a very good reason.

It's not because it's "strategic" it's because the USA owns the actual technology in use. They have to ask the USA Congress because they don't own it simple as that.

Re: EU chip goal 'unrealistic' says ASML CEO

#160
post #134

The EU is simply too scared to actually put it's foot down. If they really want to, they can just limit the export of ASML machines only to companies that have at least one of their fabs here in the EU. But they won't. In stead they will just handover €30 billion of public money to multinational corporations with market caps larger than the yearly GDP of some EU countries. Edit: For clarity, I'm not suggesting bannin…

ASML isn't guarding profound insights revealed by the gods requiring some sort of eternal liver pecking sacrifice to obtain. If the EU plays hardball to too great an extent, other countries will replicate the research. China will already have started their attempts. It isn't crazy to expect them to achieve success single handedly. If all of Asia starts mucking in the EU will get crushed. The EU does not have a track…

China is finished, behind the propaganda poster, have some pity and compassion.
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