China's top rideshare boss vacates her role

Jean Qing Liu, the president of China's top rideshare biz DiDi (and daughter of Lenovo founder Liu Chuanzhi) on Sunday "informed the Company and its board of directors her wish to resign from her current position as a director and president, with a view to focusing on the company's talent and organization, development of …

[CowHorseFrog]

Why doesnt ASML design and fab its own chips ?

SureLY IT would own the market if it didnt sell any of its machines.

[Michael Wojcik]

Because SoTA fabs are enormously expensive and there's a long history of companies attempting and failing at vertical integration?

And if ASML stopped selling EUV systems, I suspect TSMC, Samsung, and Intel might just fund the development of an alternative. Right now that move doesn't make financial sense, because ASML is a good partner and duplicating its tech would be prohibitively expensive. But there's a big difference between monopoly supplier and no supplier at all.