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ASML currently sells no chipmaking machines in Europe, executive says

125 points · 2 comments · doener

  1. cracki · · focus · HN ↗
    Oh, the EU economy is collapsing? I thought that was common knowledge.
    1. dgellow · · focus · HN ↗
      No? If that’s common knowledge that’s a common lie. It’s not really growing much but there is no collapse occurring. And if you look more specifically at countries some are growing rapidly
      1. christkv · · focus · HN ↗
        If you don’t grow then you are shrinking as percentage of the worlds economy becoming more and more irrelevant.
        1. viraptor · · focus · HN ↗
          A lot of the "growth" is debt and money going in circles. We'll see how much of it actually stays around next year. So far the US already has to bail out the datacentre expansion by funding transmission lines upgrades instead of asking for money for it from the companies.
          1. Schiendelman · · focus · HN ↗
            Please cite comments like this. It's not helpful to the conversation to make highly opinionated statements.
            1. viraptor · · focus · HN ↗
              This is not opinionated. The financial circle between AI companies has been discussed lots of times already, it&#x27;s everywhere you want to check. Grid funding is here <a href="https:&#x2F;&#x2F;www.energy.gov&#x2F;articles&#x2F;energy-department-announces-speed-power-investments-across-26-states-lower-electricity" rel="nofollow">https:&#x2F;&#x2F;www.energy.gov&#x2F;articles&#x2F;energy-department-announces-...
              1. Schiendelman · · focus · HN ↗
                Seller financing is not a financial circle. It&#x27;s how you buy a car, sometimes a house. This is kind of like Trump derangement syndrome, except AI.
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