Then China unveiled a parent for its EUV lithography tools [2]
Now ASML says they are finalizing the rules for the US made sanctions against China, and they claim: "we'll do fine in a recession" [3]
I wonder what made them change their mind so swiftly?
Probably bluff, they now have outdated tech that china no longer need, they probably are trying to protect their image, but what's an image if you are stuck with tech from past civilization?
[1] - https://www.hardwaretimes.com/asml-ceo-states-that-sanctions...
[2] - https://www.techspot.com/news/97072-huawei-patents-euv-litho...
[3] - https://www.protocol.com/bulletins/asml-chip-equipment-china