Weird, weird, ideas
The Dutch tech company ASML is Europe’s most valuable company, thanks to its production of extreme ultraviolet (EUV) lithography machines. These underlie the most advanced chip-making in the world, and as such are one of few possible choke-points on the entire AI industry. ASML has mastered the technology and intricate supply chain to make the $400m per unit machines needed to etch patterns on to silicon, where light is focused to a 13.5 nanometre wavelength (about 1/10,000th of the width of a human hair). Without its machines, there are no chips; without the chips, there are no more datacentres. That means everything from Taiwanese chip-maker TSMC’s $265bn investment in future fabrication facilities (known as “fabs”), to the $7tn-worth of datacentres that the industry is expected to build globally (though primarily in the US) by 2030. Without more datacentres using these current and next-generation chips, AI’s progression along an exponential growth (and risk) curve would come to a halt.
So the EU bans the export of ASML machines, the EU therefore controls AI development and isn’t that lovely?
Living in Paris is affecting Laddie’s brains. He’s starting to think like an enarque.