PREVIEW

... d, seemingly digesting the implications contained in Schneider’s recent speech.

If all this were true, it would mean that if Huaxia were to start producing such large-scale equipment, they could rapidly replace ASML’s irreplaceable position in the semiconductor industry.

In the short term, the consequence would be that they would lose the Huaxia market forever, especially since Huaxia wouldn’t even need their low-end lithography machines anymore.

Looking further ahead, on ...

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