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The price of failure: Dutch company's chip monopoly born from a bad bet by Intel

15.04.24|Omer Kabir
China or the US, who holds the real power in the global chip industry? Behind the investments in manufacturing giants such as Intel and TSMC is an assumption that whoever controls chip production has the power to direct the future of the global economy. But the real power may not be in the hands of the chip manufacturers themselves, but rather ASML, the company that owns the technology to manufacture the expensive machines that are used to manufacture the chips.
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