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> The EU does not have a track record of staying ahead when they tangle with Asians for tech manufacturing supremacy.

ASML is literally the one that won vs Japan's Canon/Nikon.

https://www.linkedin.com/pulse/race-technological-dominance-...

In a consortium they started in the late 90s with Intel and a couple of other companies to license US Department of Energy EUV research from Lawrence Livermore. There’s a reason the US has control over where ASML hardware can be exported - a lot of the technology was originally developed and funded in the US.

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