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ASML'S BET ON EUV MADE IT CHIP INDUSTRY CHOKEPOINT
Dutch semiconductor equipment maker ASML controls the supply of extreme ultraviolet lithography machines essential for cutting-edge chip production. The company's early commitment to EUV technology, combined with close partnerships with TSMC and government support, created a critical dependency across the global chip industry.
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Neil Hacker / Works in Progress: A deep dive into how ASML became a chokepoint for making cutting-edge chips by betting…