this post was submitted on 02 Jan 2024
36 points (89.1% liked)

World News

36907 readers
651 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
all 7 comments
sorted by: hot top controversial new old
[–] carl_marks_1312@lemmy.ml 12 points 2 years ago (1 children)

The article: https://archive.md/yQezP

ASML Holding NV canceled shipments of some of its machines to China at the request of US President Joe Biden’s administration, weeks before export bans on the high-end chipmaking equipment came into effect, people familiar with the matter said.

When the invisible hand of the market is not giving handjobs to the right people

Wennink has publicly opposed the measures and warned they might encourage China to develop competing technology. “The more you put them under pressure, the more likely it is that they will double up their efforts,” he said last year in an interview with Bloomberg News.

xi-lib-tears

[–] D61@hexbear.net 10 points 2 years ago

capitalist-laugh "Capitalism breeds innovation!"

porky-scared-flipped "NO NOT LIKE THAT!"

[–] bartolomeo@suppo.fi 9 points 2 years ago (1 children)

Biden is cracking down on Beijing’s semiconductor industry.

Lmao the arrogance

[–] ShimmeringKoi@hexbear.net 7 points 2 years ago

Lately a whole lot of people I know have started talking about Chinese and Palestinian people the way Victorian Brits talked about Afghans and Zulus

[–] ShimmeringKoi@hexbear.net 8 points 2 years ago

Free market for me but not for thee

[–] damnthefilibuster@lemmy.world 7 points 2 years ago (1 children)

I read that as ASMR and was bloody confused for a good second.