X @Nick Szabo

RT Arnaud Bertrand (@RnaudBertrand)This is actually big, potentially huge, notably because China's new rare earth export controls include a provision (point 4 here: https://t.co/dbTVALE5Xf) whereby anyone using rare earths to develop advanced semiconductors (defined as 14nm-and-below) will require case-by-case approval.Which effectively gives China de-facto veto power over the entire advanced semi-conductor supply chain as rare earths are used at critical steps throughout - from ASML (who use rare earths fo ...