this post was submitted on 31 Jul 2026
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Technology

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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 2 days ago* (last edited 2 days ago) by inari@piefed.zip to c/technology@lemmy.world
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[–] tburkhol@slrpnk.net 12 points 1 day ago

Politicians, and even corporate C-suite, often confuse "cheaper to buy from the incumbent" with "incumbent has impossible-to-replicate technology," completely ignoring that it's way easier to invent something the second time.

Technology might have been a barrier in 1960's China, but they're a peer nation today.