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ASML is the world's only manufacturer of EUV lithography machines — without which it is physically impossible to produce chips at 7nm or below. This absolute monopoly makes ASML the single most critical chokepoint in the entire semiconductor supply chain, and US-Dutch-Japanese export controls have blocked ASML from shipping its most advanced systems to China.

ASML

Sole maker of EUV lithography machines

🇳🇱⚠ Chokepoint

🔴 18–24 month lead time

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