EU chip goal 'unrealistic' says ASML CEO

Post by jacquesm » Thu, Feb 01, 2024, 7:43 AM UTC

kramerger wrote: post #29

jacquesm wrote: post #15

Earlier quoted context omitted.

Having the largest internal market which is still on the rise probably also helps, but China has enough problems that it may all come to nothing in the end.

But after the trade war with Huawei and zte they don't really have a choice, do they? A multi billion dollar company will not just lay down and die when its shut out from the open market, it will use its muscles to create its own. Hisense is not the market leader, but they have done a significant leap in the last 5 years (Not all of it through legal means thought)

Post by jacquesm » Thu, Feb 01, 2024, 7:45 AM UTC

TheAlchemist wrote: post #39

jacquesm wrote: post #19

Earlier quoted context omitted.

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.

Didn't know that ! But I think that point of view underestimates EU a bit. I know it's a running joke that EU is becoming an open air museum etc, while the US companies are pushing forward all the innovation. Well, if I look at biggest EU companies I see global healthcare leaders, ASML, chemical industry leaders, luxury brands etc. When I look at biggest US companies, I see quite a bit of, let's say, irrational exube…

Post by jacquesm » Thu, Feb 01, 2024, 7:48 AM UTC

audunw wrote: post #32

jacquesm wrote: post #19

Earlier quoted context omitted.

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.

> That doesn't happen without a very good reason. That reason is that ASML wouldn't be in the position it is without USA's early investment into EUV technology, and ASML relies on its own imports from USA that USA could block (not allowed under current US legislation but they could obviously change that if there was enough political pressure). No need for NATO conspiracy theories. USA is a good partner to ASML. Why t…

Post by jacquesm » Thu, Feb 01, 2024, 7:49 AM UTC

logifail wrote: post #44

jacquesm wrote: post #40

Earlier quoted context omitted.

> I have several ex-RAF friends, and their joke back then was that von der Leyen had more children than her ministry had working fast jets. What a dumb joke, besides the RAF being British, I wonder if your friends had made the same joke if she had been a man.

> besides the RAF being British Umm, my ex-RAF friends worked all over the world, including being stationed in Germany, and participated in NATO exercises. "Der Spiegel reported that there are only enough missiles to make only four [of 128!] Eurofigher jets ready for combat" and VDL has seven kids. https://www.dw.com/en/only-4-of-germanys-128-eurofighter-jet... https://www.dw.com/en/german-troops-wait-8-years-for-new…

Post by jimnotgym » Thu, Feb 01, 2024, 7:52 AM UTC

max_ wrote: post #33

This is most likely going to fail. Just like how the EU finance a hundreds of millions of dollars for a Google competitor that we haven't heard of today. [1] [1]: https://arstechnica.com/uncategorized/2007/07/eu-approves-16...