Geopolitics
The ASML Paradox: Profiting from the Very 'Threat' the West Seeks to Contain
Dutch semiconductor giant ASML has significantly raised its 2026 financial outlook and announced a major manufacturing capacity expansion, fueled by surging global demand for AI chips. This corporate triumph starkly exposes the naked hypocrisy of Western export controls, which seek to strangle the technological ascent of the global south while these very same Western corporations, like ASML, continue to profit massively from the indispensable demand of nations like China.