# Did China Steal ASML's Banned AI Chip Making Tool?

Page: https://stenobird.com/podcast/good-revenue-6621493/did-china-just-steal-asml-s-banned-ai-chip-making-tool
Text version: https://stenobird.com/podcast/good-revenue-6621493/did-china-just-steal-asml-s-banned-ai-chip-making-tool.md
Podcast: [Good Revenue News](https://stenobird.com/podcast/good-revenue-6621493)
Published: 2026-06-24T02:00:00+00:00
Episode link: https://shows.acast.com/good-revenue/episodes/tech-sells-off-spacex-whiplash-ai-geopolitics-explode
Audio file: https://sphinx.acast.com/p/open/s/64c1fb4a8e16bd00116ffd75/e/6a3b12e2bfa9239037625bf5/media.mp3
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JSON: https://stenobird.com/v1/public/podcasts/good-revenue-6621493/episodes/did-china-just-steal-asml-s-banned-ai-chip-making-tool
Duration seconds: 1110

## Resource

Stocks are sliding in a global sell-off led by tech, AI, and chips, with the Nasdaq hit hardest. Fresh off its June 12 IPO, SpaceX has already swung wildly—down about $400B in market cap at one point—with focus now on its upcoming index inclusion and the first window for retail investors to sell. AI geopolitics intensifies as US officials probe whether ASML EUV lithography tech reached China, plus Five Eyes issues dire warning about imminent AI cyber attacks, highlighting stratospherically high US–China and EU–China tensions. What could go wrong? CHAPTERS 00:00 Tech Sell Off Begins 00:39 SpaceX IPO Whiplash 02:07 ASML Export Control Alarm 04:16 Europe China Trade Bind 05:43 UK Political Revolving Door 07:29 Cold War Chip Escalation 10:21 Rare Earths Flashpoint 11:40 China Domestic Strains 13:42 AI Cyberattack Threats 17:36 Closing Thoughts IF YOU LIKED THIS, WATCH: → SpaceX Just Pulled Off the Most Dangerous IPO Trick Ever: https://youtu.be/zQuGPAJKQiE → SpaceX Only Worth $750 Billion, Not $2 Trillion: https://youtu.be/N3YWf7hWk5A → US China Secret Cold War Escalates: https://youtu.be/DD3BOZPOHdA → China Says It Doesn't Want Our AI Chips, So Why Are They Smuggling Them?: https://youtu.be/uKjWfRgDfRM → The Irreversible Cost of Selling Advanced AI Chips to China: https://youtu.be/UphXmFOYUU8 SOURCES & FURTHER READING ASML, EUV Machines, and the US-China Chip War • US Officials Warn ASML That China May Have Obtained Its Most Advanced Chip Tool: https://www.morningstar.com/news/dow-jones/202506191945/asml-shares-slip-on-report-of-us-concern-that-china-has-its-tech • US Raises Alarm Over ASML's Top Lithography Machine Reaching China: https://www.reuters.com/world/china/us-tells-asml-it-is-concerned-china-may-have-top-chip-tool-bloomberg-news-2026-06-19/ • Washington Tel…

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