China must not trust ASML - it is also anti China

China must not be distracted by the antics of ASML and maintain a steady path towards the development of its own high end EUV or other chip manufacturing process machines. ASML will crumble in its strategy the moment the USA exerts some pressure on it. Therefore, relying on ASML now, and pulling back on investments in EUV or other chip process developments in high end chips production is a fatal mistake. China must be self reliant, no two ways about it.
ASML had long looked down on China's ability to produce its own high end EUV machines, with the ASML CEO gloatingingly and sarcastically saying that even if ASML gives China the blueprints, China will never be able to do it. Well, China is not just trying to make EUV machines, but is exploring and developing other processes beside EUV to make high end chips eventually. And the Chinese Government is pouring huge resources to make sure it succeeds.

Lately, of course, he changed his tune and said that China's progress in chip machinery development is faster than he expected. When China succeeds in high end chip machinery development, the days of reckoning for ASML will be ugly. Orders for ASML EUV machines from TSMC, Samsung and others will fall, when the Chinese market is totally gone for them, when China manages to make its own high end chip machines to produce chips for its domestic market. Who needs to buy more EUV machines with a market for chips getting smaller without China?

Anonymous