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 22 hours ago* (last edited 22 hours ago) by inari@piefed.zip to c/technology@lemmy.world
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[–] prenatal_confusion@feddit.org 1 points 8 hours ago

Huh? I thought that the current generation of fabs were embargoed via sanctions by the us. At least for "bad" actors.

When the us intelligence community announced that China had gotten hold of a recent machine asml vehemently denied that they ever sold one directly or that they could be moved without asml noticing. Not to speak of the know how needed to get it back up and running. I brlive them In these points.

This translation goes kinda against that. Anybody know how the situation above played out?