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Following the U.S.'s restriction of top tech semiconductor chip materials to China, the Dutch multinational corporation Advanced Semiconductor Materials Lithography' ' ASML still sits pretty at the top of things.
Founded in 1984 in the Netherlands, the Dutch Company took a significant risk by taking on uncharted territories in the research and development of E.U.V.s. An expedition which their competitors thought of as being futile.
It took exactly 15 years for the Company to see the light at the end of the tunnel, releasing its first Major products with a market cap of about 200 billion dollars in 2022 and a monopoly to maintain your guess is as good as mine on who is smiling now.
While there have been a lot of positives to take from the Major successes in a decade and a half, ASML was hit by restrictions from its home country and the United States on the exportation of its semi-conductors to China. This resulted in a drop in its major market space as China was responsible for 16% of its sales.
But so far, so good; the tech giant looks unfazed by the big disruption in its Industry, and as for China, they are looking to scout for other alternatives to rival ASML and the U.S. while searching for backup planes at home.
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