this post was submitted on 31 Jul 2026
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ASML shares plunge following reports of Chinese breakthrough in chip manufacturing. China has begun producing advanced chip manufacturing equipment, the very same that made ASML a major player (www.volkskrant.nl)
submitted 1 day ago* (last edited 1 day ago) by inari@piefed.zip to c/technology@lemmy.world
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[–] heh@lemmy.world 9 points 19 hours ago (1 children)

At this point I’ve accepted that the USA has ceded(purposefully?) its top spot on the world stage to China.

[–] empireOfLove2@lemmy.dbzer0.com 20 points 19 hours ago (1 children)

ASML is Dutch.

[–] mcv@lemmy.zip 11 points 17 hours ago

We were ordered by the US to cede our top spot.