US Pushed Dutch Maker of Chip Equipment to Block Chinese Sales Before Deadline

It seems to me like this whole Chinese lithography sanction deal is not really... working.

SMIC is generously 1-2 nodes behind Intel at this point and have only caught up since we've started utilizing sanctions?

Intel meanwhile has not had to compete in any other sense than process technology in decades.

They've been habitually humiliated by any competitor with access to any process no matter how dated for the simple fact that they're trying to compete not maximize monopoly extraction with that process.

They've abandoned numerous innovations simply because they weren't extractive enough compared to inferior alternatives.

I don't think any amount of tipping the scale with sanctions is going to save Intel from being savaged into a mist of blood and insolvency the moment a competitor enters the arena without a process technology disadvantage, and that much seems inevitable now.

It's simply not in their DNA to survive in that environment.

On the other hand, I suppose lobbying for sanctions and subsidies would be textbook Intel strategy.