Most saliently - ASML and USA are relatively aligned on incentives here. China is hot on ASML's heels, and when China catches and takes over most of the market share, ASML turns into a legacy "national security" player propped up by tariffs and subsidies rather than a global leader of industry.
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I recognize the following hypothetical is extremely unrealistic and untenable...but it would be fascinating if ASML just called the USA's bluff. USA can keep their patents, ASML can stop all production and hunker down for 10 years to design around the patents.
And for 5-10 years no one gets a new generation of silicon fab until China brings up their own domestic High-NA EUV and takes over the entire market.
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I recognize the following hypothetical is extremely unrealistic and untenable...but it would be fascinating if ASML just called the USA's bluff. USA can keep their patents, ASML can stop all production and hunker down for 10 years to design around the patents.
And for 5-10 years no one gets a new generation of silicon fab until China brings up their own domestic High-NA EUV and takes over the entire market.