posted in Technology

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/economie/aandeel-asml-fors-onderuit-na-berichten-over-chinese-doorbraak-in-chipmachines~b1463579/
de VolkskrantAandeel ASML fors onderuit na berichten over Chinese doorbraak in chipmachinesChina is begonnen met de productie van geavanceerde chipmachines, dezelfde apparatuur waarmee ASML groot is geworden. De berichtgeving van technieuwssite The Information had direct gevolgen op de beurs: de Nederlandse chipmachinemaker ging stevig onderuit.

Replying to @⁨inari@piefed.zip⁩

What most people don’t understand is that the more you push China with tariffs, restrictions and sanctions, the more they will become self reliant - especially when it comes to technology. They will not roll over and curl up. Quite the opposite. Such a smart move by Trump’s vasal Mark Rutte to block a commercial company selling to China. Just like with Nexperia. Both backfired hard as China has doubled its efforts to catch up and in case of Nexperia just manufactured these chips locally.

China already has equivalent GPU’s just not as efficient yet. tech-insider.org/huawei-ascend-950pr-ai-chip-nvid…

huawei ai chipTech InsiderHuawei Ascend 950PR: The 1.56 PFLOP AI Chip vs Nvidia [2026]The Huawei Ascend 950PR packs 1.56 petaflops of FP4 compute and 112GB HBM, challenging the Nvidia H20 in a $30B AI chip market. July 2026 update.

Replying to @⁨Frettchen@lemmy.world⁩

Like everyone should play by the fucked up rules set by the US? It good that at least one major world power doesn’t give a shit about America anymore. The US is forcing all countries to do the same. Europe is trying to break free of the US shackles, China just was first.

If you see how little ceremony there was for President Pedo compared to let’s say the President of Uganda who visited recently - BTW China knows the correct name of each country in Africa unlike the clown show that is the US - you know how little respect they have.

reuters.com/…/us-government-map-africa-mislabels-…

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