Europe’s most valuable technology company, ASML Holdings, is responsible for the manufacturing of semiconductor machinery. The chip-machinery maker is a shocking stovepipe in the future of the IT supply chain, ranking with the world’s dependence on Taiwanese chip maker TSMC as a troubling risk variable – two potential points of failure (with no redundancies in place for the West to replicate the production capacity of ASMLor TSMC) – the implications of which are high impact. Geopolitics and the machinations of the marketplace continue to grind away, however, with incentives, leverage, and outcomes gris for the mill. Find some of the latest chess moves RE: ASML here.
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