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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 1 week ago* by to c/technology@lemmy.world
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[–] [S] 58 points 1 week ago (1 child)

That and the NVIDIA ban on China both backfired spectacularly

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  • [–] 29 points 1 week ago

    Absolutely, although China can't match Nvidia yet, they can now make chips that are good enough for 90% of the tasks.
    Nvidia can no longer sell their second rate products developed specially for China anymore either.

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