Maybe the article could have been framed in a less binary way: it didn’t slow them down as much as they hoped.
If this was the case we'd pull all manufacturing out of China completely. The knowledge transfer from the US to China when it comes to manufacturing, from basic goods up to modern tech, has been wild. With that comes a lot of information on how to advance technology.
I’m speculating that the vast manufacturing knowledge transfer to China through offshoring is seen as a “bad thing” by western politicians, who then sought to limit China’s ability to do the same with semiconductors.
China will likely figure out EUV eventually, by hook or by crook. There’s only so much you can do to keep that knowledge contained, considering the amount of people who have the knowledge.