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Big gambles have big risks. It's the gambler's folly, after a big win (ASML's EUV) to say, gee, we should have bought more lottery tickets! Next time, it all goes on red!

What is no longer mentioned is that ASML made another big gamble at the time they started on EUV. They decided to make an all-in-one chip making machine that took silicon and output chips (instead of matrices of chip circuits laid out on a wafer).

On paper, the machine would save a lot of money for the fab houses. IRL: no one asked for it, and no one was willing to risk their entire production on a single, untried, swiss army knife of a fabricator.

The whole program was a wash. People were reassigned and the project died a very quick death. ASML lost a ton of money on this misguided attempt, but not enough to choke them.

So, they rolled the dice twice, and one gamble paid off handsomely. If it went the other way, they'd be a smaller company, and Moore's Law would be overshooting reality. If neither paid off, they'd be DOA.

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The timelines matter as well: They were working on EUV at Zeiss (who make the lensing/mirroring systems) already in 2005. That's about 20 years of development.
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I mean, it’s been tried; a reading of relevant historical texts would give you lots of ammunition to support either argument.
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We could have more ASML's immediately if we eradicate the desire to covet technology for one in-group, over another.

> reshaped society

Invalidate all of ASML's patents = get cheaper chips, sooner.

It is intellectual property which gives some of us the ability to build these things and sell them to others - get rid of this phony concept and we can have more nice things...

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The article might disagree. See the subsection, "The importance of tacit knowledge". OTOH, if that tacit knowledge is indeed so critical then there's less risk (e.g. regarding future investment incentives) to narrowing patent protections. OTOOH, ASML's supply chain is deep and complex, and the patent portfolio is presumably similarly diffuse, which makes it difficult to analyze or even, short of a complete patent regime overhaul, identify which patents to open up to accelerate adoption.
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Or you could have nobody bother to invest in things like this because of no reward, or they become closely guarded trade secrets of which the Elves keep and nobody else is even allowed to know they exist.
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That's a great way to lower the cost of the current generation of the tech while ensuring there is no next generation of the tech.
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