Clearest explanation of EUV research on the internet! Very good. Given the existential threat, China has no choice, and the governance model favours state owned intervention. So it will not be surprising the the Chinese will consider the Utility EUV model and invest in the EUV accelerator and sell the light source to a group of foundries located in the vicinity. Watch out world. The semiconductor manufacturing model is just about to change. If realised, one can foresee more than one TSMC in China. Breathtaking!