Hey there! Have you ever wondered how your phones, tablets, and gaming consoles are made? 🕹️ Well, they all need tiny things called microchips to work! And to make these microchips, special machines are needed. One of the biggest makers of these machines is a Dutch company called ASML.
ASML builds super cool machines that help create the microchips inside our gadgets. But lately, ASML has found itself stuck in the middle of a big game of tug-of-war between two giant countries: the United States and China! 🌏🤝🌎
Here’s what’s happening: The U.S. has asked ASML to stop selling some of its high-tech machines to China. They’re worried about who might use them and for what. This means ASML can’t sell as many machines as it used to in China. And since China was one of their biggest customers, this is a big deal! 😮
Because of this, ASML is making less money than before. Imagine if your favorite lemonade stand couldn’t sell lemonade to half of its customers—it would be tough, right? 🍋🥤 That’s how ASML feels.
Other European countries are noticing this too. Places like Germany and France are trying to support their own tech companies so they can be strong and not rely too much on other countries. They want to make sure their companies can keep inventing and making cool stuff without getting stuck in other countries’ disagreements. 🚀
It’s like when friends argue over a game, and you just want to keep playing and having fun without taking sides! 🏀🎮
In the end, everyone hopes that companies like ASML can keep making the awesome machines that help build the tech we all love. After all, teamwork makes the dream work! 🤗✨
Reference(s):
Dutch firm ASML becomes 'hostage' in China-US tech competition
cgtn.com
