Semiconductor Giant ASML Has a New Boss, and a Big Problem

The problem is not in having a new boss. He just inherits this problem from the previous boss.

> “They’re very much afraid that in the end, when China won’t have access to ASML machines, they will be even more motivated to build their own lithography system that might compete with ASML’s”

Note the phrase "even more", recognizing that even with access to ASML's most advanced machines, they're very keen to reproduce the technology. Nobody doubts that they will eventually. The only question is how many years it will take.

It will no doubt take many years longer without access to the latest.