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ASML says it sold 'absolutely nothing' in Europe in 2026

402 points · 900 comments · MC995

  1. Kim_Bruning · · focus · HN ↗
    So currently europe is exposed to russia-ukraine, us-iran, and shortly china-taiwan. This is not a great place to be in.
    1. sajithdilshan · · focus · HN ↗

      [dead]

      1. bpodgursky · · focus · HN ↗
        Sorry this is a crazy interpretation of events.

        Europe has 15x the GDP of Russia. If they were "hell bent" on militarily defeating Russia, they could have made even tiny sacrifices to the social welfare system, diverted industrial production to military aid, and drowned Ukraine in help. That was a very achievable goal, and they didn't do it.

        Instead, the vacillated on importing US natural gas, continued shutting down nuclear power plants, and paid Russia MORE CASH FOR OIL than they ended up giving Ukraine in military aid! They did not in fact, dedicate themselves to this war in any way shape or form.

        1. HarHarVeryFunny · · focus · HN ↗
          Europe has been stepping up a lot recently, given Trump's reluctance to push back against Putin - looks at UK/France supply of missile and anti-missile systems and IP to Ukraine, stepped up air defense based out of Lithuania (anticipating Kaliningrad as the first front of the war), etc.
          1. bpodgursky · · focus · HN ↗
            No, they have not been "stepping up" relative to the existential threat at their door. They are still doing 10% of the minimum you'd expect from someone whose literal lives and civilization are at risk from a barbarian threat literally murdering their neighbors (and playing games with their own sovereignty more recently, with drone incursions).
            1. bar8uyr · · focus · HN ↗
              Measured response. Remember that you don't want all out war. Support your allies, don't kill everyone in the entire world.
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