>Despite the market reaction, analysts say the news is unlikely to impact ASML's earnings trajectory in the mid-term. "Producing a handful of immersion DUV tools is not the same as producing tools that can be used for high-volume manufacturing, where yield, overlay, throughput and reliability over thousands of wafer runs are what matter," JP Morgan Chase analysts wrote in a note on Tuesday.

Poo bear and his Chinese are "junkyard wars", cobbling together low tech trying to give the impression they are manufacturing cutting edge high tech. They always had a problem attempting to manufacture single crystal alloy jet turbine blades, they always had to buy Russian.