The Semiconductor Equipment Monopoly: Why ASML’s EUV Lithography Is a Modern Chokepoint
A single Dutch company controls 100% of the EUV lithography machines required to manufacture advanced chips. Built over 30 years with $8 billion in R&D and a global supplier network no competitor can replicate, ASML's monopoly has become the most consequential industrial chokepoint of the AI era.
Explainers Physics & Engineering