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Greece signs long-term gallium supply deal with Japanese firm
Capital.grLO·GR · JP · CN·about 15 hours ago
The article explains ASML's near-monopoly in extreme ultraviolet (EUV) lithography machines, essential for advanced semiconductor manufacturing. It underscores the technical complexity and strategic dependence of the global chip supply chain on a single Dutch firm. This matters because any disruption to ASML's production or export policies could ripple through global tech and defense sectors.
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ASML has not sold semiconductor manufacturing equipment in Europe, indicating the EU Chips Act's failure to stimulate domestic demand for advanced fabrication. The European Commission is preparing a new phase of the Act to address these structural shortfalls. Confidence in this assessment is Medium-High.