Under the relentless efforts of the United States, it has unexpectedly had the opposite effect.

The stock price of Micron Technology has plummeted, reaching close to $100 at the beginning of last year, but now it is only $60.

Qualcomm's technology is also similar, approaching $190 at the beginning of last year, currently only $110, and it almost broke below $100 at its lowest point some time ago.

The industry crisis in the United States has also spread to Europe, and the stock price of the European giant ASML has also fallen from $880 to the current $600.

For the entire industry, a huge crisis is now facing.

How did this crisis occur?

The European giant ASML directly pointed out that it comes entirely from the wrong policies of the United States.

01, Restrictions by the United States

Over the years, in order to restrict the development of China's high-tech industry, the United States has imposed many restrictions on exports to China.

The United States began to include Chinese enterprises in the "blacklist" in 1997. According to the "Export Administration Regulations", U.S. companies will impose restrictions on these enterprises and are not allowed to provide products and services to them.As of now, the United States has listed a total of 1,054 Chinese companies, with 70% of them being in high-tech industries such as semiconductors, aerospace, and machinery. Hikvision, iFLYTEK, and BGI are all companies on this "blacklist."

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According to the latest report on March 3, 2023, the United States added 28 more Chinese companies to this list, citing "posing a serious threat to U.S. national security" as the reason.

China's rapid development in the semiconductor industry has caused great unease in the United States. Unable to prevent the rise of Chinese companies, they have concocted a set of inexplicable excuses and enacted one law after another to create troubles for Chinese companies, in order to maintain their own position.

The purpose of this move by the United States is to suppress our country's outstanding enterprises, preventing them from obtaining corresponding products and technologies from the United States, thereby restricting the development of our country and preventing us from having any innovation.

However, the more restrictions there are, the faster the development.

From 2022 to 2023, our country's chip self-sufficiency rate increased by more than 40%.

On the other hand, our equipment imports are significantly decreasing.

In 2022, the overall import of semiconductor equipment decreased by 15%, with imports from the United States and the Netherlands dropping by more than 20%.

Our progress is the regression of European and American giants.Last year, our chip imports decreased by 23%, and the impact on Western and American chip giants was immediately apparent.

In the first quarter of this year, Qualcomm's performance declined by 18%, and Intel's performance even fell by 40%.

Micron Technology not only saw a decline in performance but was also subjected to a security review by China's Ministry of Commerce. The company currently has no choice but to propose a 15% layoff plan to deal with the loss of up to $2.3 billion in the first quarter of this year.

For Western and American chip giants, China is the largest market, accounting for 70% of the global chip procurement volume. If China stops buying, Western and American giants immediately fall into a severe recession.

According to American media reports, a certain company lost up to $8 billion in a year due to the inability to sell to China due to American chip restrictions.

03, the United States should pay the bill.

What to do?

Are you going to watch helplessly as you lose the largest market in China?

The CEO of ASML, a European photolithography machine giant, angrily accused the United States, stating that the global industrial chain has been obviously affected, and the root lies in the restrictions of the United States, which has led to the continuous acceleration of China's research and development.

ASML believes that the United States should pay the bill for this.Samsung from South Korea is currently striving to repair its image in the Chinese market. Not long ago, Samsung placed another large production order in Mainland China.

American chip companies, on the other hand, have adopted a workaround approach by developing alternative products to bypass the United States' restrictions and continue selling to the Chinese market.

We were able to successfully develop the "Two Bombs, One Satellite" back then, so we are not at all worried about the limitations imposed on the chip industry. It is quite clear that the European and American chip giants are the ones who should be concerned now.