posted in Technology

inari@inari@piefed.zip

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.
stumu415@stumu415@lemmy.zip
edited

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.
CosmoNova@CosmoNova@lemmy.world

Replying to @⁨stumu415@lemmy.zip⁩

I’m concerned this will allow China to become even more totalitarian and militarized because they won‘t fear sanctions as much anymore. But on the other hand they won‘t crash the entire world economy when they invade a neighboring nation that way. You lose some you win some but ultimately we‘ll have to see and wait how it plays out.

en
stumu415@stumu415@lemmy.zip

Replying to @⁨CosmoNova@lemmy.world⁩

You mean the US I assume. Except they did invade a neighboring country illegally remove a sitting president. Only to make the 12 billion dollars in revenue dissappear. cfr.org/…/the-u-s-took-over-venezuelas-oil-indust…

But no, let’s shit all over China being the bad entity in the world here.

www.cfr.orgThe U.S. Took Over Venezuela’s Oil Industry. Where Has All the Money Gone? | Council on Foreign RelationsThe American and Venezuelan people remain in the dark about how the Trump administration is controlling billions of dollars of Venezuelan oil revenue. Without accountability mechanisms or a clear democratic roadmap, the United States risks entrenching a corrupt successor regime.