EX-ASML WORKERS REVERSE-ENGINEERED STATE OF THE ART CHIPMAKING MACHINES TO GET CHINA FAR CLOSER THAN PREVIOUSLY THOUGHT TO INDEPENDENCE FROM FOREIGN TECH

Summary from the TLDR newsletter

China reportedly has a prototype EUV chipmaking machine. While it has not yet produced a working chip, it is apparently creating EUV light. The machine is expected to produce its first chip in 2028. The Dutch company ASML had previously been the sole producer of EUV machines.