In its annual report released on Wednesday, ASML, the major computer chip equipment manufacturer, pointed to uncertainty surrounding export controls as one of the key factors affecting customer demand in 2024.

Google has introduced a groundbreaking new chip, claiming it can solve a problem in five minutes that would take the world’s fastest supercomputers ten septillion years – a timespan of 10,000,000,000,000,000,000,000,000 years.