Reply to post: Re: Interesting

ASML CEO: Industrial conglomerate buying washing machines to rip out semiconductors

Dan 55 Silver badge
Boffin

Re: Interesting

why doesn't the conglomerate just offer a barrow load of cash to the washing machine vendor for their chip inventory

In the medium and long term, the washing machine manufacturer wants to manufacturer washing machines. They can't do that without their chips, they'll either have to diversify into a new market (expensive, slow) or go out of business.

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