The Internet and digitalization revolution enabled a few US companies to capture vast amounts of value worldwide simply by being first by having access to the first emerging market for the new tech (and being ruthlessly business savvy). The US being rich and an optimistic consumption culture made that happen. Some of that windfall has been redirected to fun things like boosting Rocket tech, or useful things like boosting EV tech.
Speaking of the latter, I remember a few years ago a lot of people on here were claiming that the US and specifically Tesla had an unassailable lead in Battery Tech. That didn't exactly last long, did it?
But the idea that the US is uniquely poised to dominate the tech landscape for the next decades is silly, doubly so based on some relatively niche tech like rockets. As a European I am worried about the strategic tech competition with China, not the US. And I am worried that the EU is not doing enough to tax the profits being generated here, (cough, Ireland, Luxembourg...).
... and btw, it's all built on Linux, which was given away for free by some European guy.
Still an incredible company. Absolutely. But worth pointing out how strongly they were driven to sucess by external factors.
And also because the US gave them the EUV tech on a silver platter to disrupt the Japanese competition and prop-up a company with domestic presence on US soil.[1]
So, as much as it hurts EU fanboys and chip hipsters to hear this, ASML isn't the result of some magic tech formula developed on EU soil, but the result of a perfect storm of strategic acquisitions on exclusivity to the right tech and the right suppliers at the right time.
Then you don't know the full story.
Important is who has the IP and license for the EUV technology that has proven to produce the highest yields. The only reason ASML won EUV lithography and its competitors Canon and Nikon lost, is that US decided to license its domestic EUV tech developed by Sandia Labs to ASML, and denied it to Canon and Nikon, purely because ASML acquired Silicon Valley Group Inc, US's leading lithography supplier at the time, giving ASML a strategic US presence on US soil, versus their Japanese competitors.[1] Also, light sources are made by CYMER[2], another US supplier that ASML bought.
Nikon and Canon could also contrat Zeiss and Trumpf for the same parts that ASML gets but they don't have access to Sandia's and CYMER's EUV tech which is better than the EUV tech they developed in house.
So you see, ASML is not some European wonder as the chip hipsters would want to believe, since it wouldn't own the EUV market today if it weren't for strategic acquisitions on US soil that gave them the EUV monopoly they enjoy today.
But for some reasons all your posts seem to be intended to downplay anything coming from Europe. Which is fine, everyone needs a resident contrarian.
The US could have sold the EUV tech to Canon or Nikon and the Japanese would have owned the EUV industry, but the Dutch ASML played the political game better and won the deal but selling US tech doesn't make it an EU innovation.
And you can't compare licensed or bought tech to individual contributions from indvidual persons.
The US still owns the EUV tech ASML is using and has veto rights on what it can do with it and who it can sell it too. ASML would love to sell EUV steppers to China and make bank since China is desperate to ramp up its domestic fab industry, but US says "NO" and it must comply. The NL or the EU didn't veto the sale, the US did, and ASML complied because the US Gov have ASML by the balls since it's now also partly a US company monetizing US tech.
If the tech was so easy and America held all the cards, the machines would be made in America, end of story.
Yes it was developed by the US.
ASML also created the deals with Zeiss and other European companies which were critical in getting all the necessary components created to make EUV happen. None of this would have happened with Jos Benschop and Fred Bijkerk (in the Netherlands).
I agree that some research was done in Japan, Russia, and the US, but this is the case for basically every technology, it's never the case that only one country is responsible solely for something. I'm pointing out (correctly), that ASML kicked ass with EUV tech in a way that no other company did, including Intel, which shows they have something that no other company has. Again, if it was so easy, why isn't an American company making those machines which are critical for the entire worlds security and productivity?
[1] https://www.asml.com/en/news/stories/2022/making-euv-lab-to-...
Things Americans tell themselves ...
2. That's the truth. If you can't accept it and wish to stay ignorant, then I can't help you.
I posted the source here 3 times. Not my fault you don't read it.
>and clearly were not involved.
Did nearly a decade in the semi industry in Europe with stints in Israel, Singapore and the US.
But you keep taking the blue pill and believe whatever you want to believe, I don't have time to convince random nay-sayers online and I'm not doxing myself to win an argument with a troll.
You seem to go out of your way to do so anyway. Doesn't fit with the picture of the seasoned expert you're trying to paint of yourself.
I think you're doing disservice to the engineers and researchers at ASML suggesting they are only there because the US sent them money.
The problem with innovation here is extensive, both legal and cultural. Some countries are downright hostile to startups. In the US it takes what, $200 to open an LLC? In Germany you better have 25000€ ready for an equivalent entity. The amount of regulations one has to adhere to is far more extensive, taxes are borderline absurd, there's basically no venture capital to speak of, so any actually successful company is immediately absorbed by some American megacorp with fat stacks laying around (e.g. Wolt Delivery bought by DoorDash).
Most of the people who lived under socialist systems also grew up in a culture where entrepreneurship was the pinnacle of egoistic greed which probably doesn't really help.
I think you live in some parallel universe EU
(Schengen provides visa-free travel and living intra-EU, but if you're from outwith the EU prepare for a mountain of paperwork)
People say this about every country. I think it's just that countries benefit the poor more than they "contribute" b/c they have the least ability to do so and people want their governments to be progressive. On the flipside, everything is always easy for the super-rich, because they have tons of resources to employ armies of people that enable them to benefit from every loophole possible.
There's a reason tens of thousands of European engineers, doctors, lawyers, developers, etc. are desperate to move to the US.
I've lived in both systems, if you're not working for FAANG you're better off in Europe, and if you're working for FAANG in Europe you're probably even better off tbh
Personally no ammount of money will buy my peace of mind, I wouldn't even take 3x my current salary to go to the US