Well, I, for one, would NEVER hope you get hit by a bus.
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>Im not an expert but from the amount of graduates, money, goverment support. I wouldnt bet against them.
I would still take anything coming out of China with a huge grain of salt.
If it was so easy. Why have they still not developed a fully domestic supply chain for high end immersion DUV lithography?
China may be able to do 5nm with DUV currently. But they are in large still doing it with western equipment. Because they tried for years to get the domestic industry off the ground. But they still are not anywhere close to where they are independent from the west for high end DUV equipment.
If China wanted to build a fab today using only Chinese made equipment. They would still be stuck at 40/28nm. Anything better and they need the west still.
Pretty ironic considering how your looking at my comments and saying that but sure buddy maybe try not using a reason that doesn’t go against what you just said
"Prices for other swaps are climbing, too. A five-year CDS agreement to protect $10 million of [Microsoft Corp.](https://archive.is/o/X3iHR/https://www.bloomberg.com/quote/MSFT:US) debt from default would cost about $34,000 annually, or 34 basis points on Thursday. In mid-October, it was closer to $20,000 a year."