[sbrother]

Does this mean that China is buying a bunch of ASML EUV machines?

[karmicthreat]

China won't be able to unless they develop the tech domestically.

[sbrother]

Right that's what I thought, so how are they building a "near current generation flagship SoC"?

[govg]

The near current generation chip being talked about is the one in the latest Huawei phones, made in collaboration with SMIC. I believe SMIC have older machines that can still be pushed to get to close to state of the art. It is newer machines that are under sanction and can't be sold to Chinese firms.