Thread by @wmhuo168

ASML’s days as an untouchable monopoly are numbered. China’s EUV breakthrough is real, and Western media is pretending it doesn’t exist. Here's what they're hiding.

ASML: Time To Cash Out (NASDAQ:ASML) | Seeking Alpha share.google/orxlDg2aeC4ktQ…

For years, ASML has been propped up as an untouchable monopoly. The only firm capable of making EUV machines. The crown jewel of the West’s semiconductor stack. (1/9)

But this myth only survives because no one in Western media wants to acknowledge the truth. China has developed its own EUV tech. It uses LDP. And yes, it's real. (2/9)

No one wants to cover it because ASML’s moat is their retirement plan. Journalists, analysts, and fund managers are all overexposed to one Dutch firm caught between China and Washington. (3/9)

Foundational chips don’t grab headlines. DUV systems don’t impress retail investors. But Chinese firms like SMEE, AMEC, and Naura have done the boring work. DUV machines are already in production. (4/9)

What spooked the Street wasn’t just the export ban. It was that Chinese fabs didn’t collapse. They adapted. They kept scaling. Their appetite for ASML’s bleeding-edge tools dried up. (5/9)

Barclays just downgraded ASML. China demand is down. High-NA units are barely moving. And now Seeking Alpha is talking about cashing out. The monopoly is looking fragile. (6/9)

ASML’s edge was never eternal. It relied on free access to U.S. optics, unlimited Chinese demand, and zero political interference. All three are now breaking. (7/9)

So the media plays dumb. Pretends SMEE doesn’t exist. Pretends LDP isn't viable. Pretends China can’t innovate. Because if they admit otherwise, the entire ASML myth collapses. (8/9)

Here’s the article that says it all without spelling it out:
“ASML: Time To Cash Out” via Seeking Alpha
(9/9)share.google/orxlDg2aeC4ktQ…