Fight to the third generation

This time Yanwen Group took [-]% of Loveline's shares, reserved some shares for Qiu Yaohe and He Shaofan's cousin, but took away the management rights of the company.

A series of big moves, the price is 30 billion US dollars from the loan, only 16 billion US dollars left in a blink of an eye.

Su Yehao's idle funds in his own hands have not been used, and he still has sufficient cash flow, so there is no need to keep this money, and most of it will be used to expand the foundry business.

Look and go.

After all, it did not bypass the sharp drop in sales this year. The lithography machine manufacturer AMSL, which was abandoned by Philips, quietly acquired it through several companies, and asked Goldman Sachs to help sell it, persuading major shareholders to transfer it at a low price...

……

I often hear Xiao Nizi talk about how enjoyable it is to soak in hot springs and watch the aurora in Iceland with the cold wind blowing.

On Christmas Day in 2001, Su Yehao brought Nong Qingying over to experience it.

They came to the Reykjanes Peninsula located in the southwest of Iceland, and the hotel is located near the famous Blue Lagoon Hot Spring.

It is currently the peak season, and the price of the executive suite is as high as [-] US dollars a night. Fortunately, it is really comfortable to live in, and the money is not wasted.

As a senior partner of Goldman Sachs Group, Cantor Willis also came here specially this time because he wanted to discuss business with Su Yehao and avoid working during the holidays.

After all, many Western countries have Christmas holidays, and some countries do not, such as the mainland, which Cantor Willis is optimistic about.

The mainland has just joined the WTO, and it is too difficult to make achievements in the short term. The most profitable business is still concentrated in the United States.

In order not to be kicked out by the Goldman Sachs Group, he finally hugged Su Yehao's thick legs. How could Kanto let it go easily? He was mainly responsible for the recent acquisition of ASML shares.

With great difficulty, Su Yehao comforted Xiaonizi and the others, found a chance to leave his son in the care of the old man, and brought Nong Qingying out to enjoy the world of the two of them.

But now he is taking a bath in the Blue Lagoon hot spring with Kanto, an old man.

It's unlucky to say that Nong Qingying caught a cold just after getting off the plane, and she was resting in the hotel sickly, which made her very angry.

At this moment.

Su Yehao was wearing swimming trunks, soaking in the steaming pool, and beside him was Linda Yun, who was unwilling to take a holiday and came to work overtime voluntarily, to help act as an interpreter.

Vacation is also a trip. How can I go out with Su Yehao to enjoy the trip by myself? The round trip is a private plane, staying in the top hotel, enjoying the most exquisite meal. Linda Yun has long wanted to see the aurora, so how can I miss this time? Iceland trip.

Unknown where his ancestors came from, Cantor, with his hairy chest, almost like a plush vest, was telling:

"In 20 and 2.8, Philips sold about 45% of ASML shares each, and now only holds about [-]% of the shares, and has agreed to sell it to us. This year, ASML's sales have dropped by about [-]%. As far as I know, they wanted to enter Intel's supply chain, but Intel's performance also declined, and the plan to expand the factory was canceled, causing ASML to lose hundreds of millions of dollars in orders."

Su Yehao hurriedly finalized his plan to invest in ASML a week before Christmas.

The main reason is that there has been no progress in research and development. Canon's technical staff began to ignore the project of developing a new lithography machine, and they were very perfunctory after changing the person in charge.

Although the research and development funds are borne by Su Yehao, many technicians come from Canon, and they also bear a certain amount of expenses. In addition, many core secrets of Canon lithography machines are involved in the research and development process, so the Japanese regard technology as life. The important character has seriously hindered the plan of Lin Baojian's project team.

In all fairness, Su Yehao really underestimated the difficulty of research and development of this technology, and was unable to gather the world's top institutions and universities, which caused the research and development process to stumble, until now he was at a loss.

Not only Canon doubted whether it was on the right path, but even Su Yehao himself doubted whether this new technology could be developed. After spending so much money on it, he still didn't understand the theory.

More importantly, on the Laomei side, someone has already embarked on the same research and development direction as Su Yehao's project according to the thesis published by Lin Baojian, forcing him to make arrangements in advance to avoid placing all the chips on Lin Baojian's team.

Buy more ASML stocks now, in case history goes back to the old path, at least by virtue of the identity of the major shareholder, the foundry can buy enough lithography machines, and by the way, it can also get stuck in the neck of TSMC, so that the other party can also buy more lithography machines. Feel what is difficult, what is sinister.

Su Yehao said to Cantor: "In just a few trading days, you helped me buy more than 10% of ASML stock. Is there any movement from other companies?"

Cantor shook his head and told:

"If you are not worried about driving up its stock price, you can actually buy more. Except for the semiconductor company owner who invests in the foundry business like you, who cares about a company like ASML? It is dealing with Nikon's lawsuit. The risk of losing the lawsuit is relatively high. Big, some technologies infringe Nikon's patents, the market value is only a billion dollars, mainly relying on official subsidies, Philips chose to sell it because it couldn't afford it..."

……

Chapter 817 EUV LLC

Ever since he started buying ASML shares, Su Yehao had discovered it.

Laomei's emphasis on it is far from as high as imagined. The only bottom line is that the lithography machine market cannot be completely taken away by Japan in order to achieve a technical balance and avoid the emergence of the US semiconductor industry. question.

The Dutch ASML company merged last year, the only lithography machine manufacturer in the United States.

This is an American company called SVG (Silicon Valley Photolithography Group). ASML originally wanted to use SVG's relationship to enter Intel's supply chain, but unfortunately it failed in the end.

The current ASML is just a "three-none" enterprise with no technological advantages, no market advantages, and no price advantages. The money it earns is not enough for research and development, and it is supported by tax relief and official subsidies from the Netherlands.

If it weren't for many semiconductor companies to maintain a balance and avoid being caught by Japan's Nikon and Canon, they specially distributed some cakes to ASML, its market share would probably be even lower, and it is hard to say whether it can survive until now.

Laomei needs it to support the scene, but does not give other support.

This caused ASML to be half-dead on the Nasdaq market. Even during the stock market bubble, the stock price did not rise much, and it was regarded as a type of enterprise with no investment value.

If ASML does not master the EUV (extreme ultraviolet lithography machine) technology, it does not have much investment value. The reason why Su Yehao invested in it this time is just to avoid being manipulated by Canon's scientific research team. By the way, he also wants to try it out. Take control of this company and join the official "Extreme Ultraviolet Alliance" of the United States through a backdoor.

Extreme Ultraviolet Consortium, abbreviated as EUV LLC.

This is a scientific research organization led by Intel and the government. Since 1997, it has been committed to the research and development of extreme ultraviolet lithography machines. control.

Just like Su Yehao spent more than 1 million U.S. dollars in research and development funds in vain, the EUV Alliance's research progress has not improved, but compared with Dr. Lin Baojian's team, their strength is deeper.

Gradually, Su Yehao figured it out.

The cooperation between Canon's lithography machine R&D team and him has been faltering and may break down at any time.

Canon and Nikon use fluorine gas excimer laser as the light source to emit vacuum ultraviolet light with a wavelength near 157nm. Seeing the hope of breaking through the 193nm bottleneck, they are trying to develop a prototype.

Therefore, Canon no longer needs to cooperate with Su Yehao, and its attitude has become increasingly negative, and it has allocated manpower to work on 157nm lithography machines.

It is not realistic to completely build its own EUV lithography machine. Without a huge top-level scientific research team and a mature supply chain, no matter how much money it has, it is useless.

Even if a new technology is really developed, how to produce it is still a problem, so cooperation is still necessary.

As long as the investment scale is large enough to take the initiative in the EUV Alliance in the future and grasp the right to speak on core technology patents, the remaining troubles can be solved in a roundabout way.

For example, relying on their own advantages, they invested in Lao Ao and Lao Pu in advance.

If we can build a good relationship, we will not easily turn our backs and come to toss ourselves. The big deal is to leave a retreat in Europe and Hong Kong City. Let alone advancing and retreating freely, it will also allow companies such as Qianxin International and Hong Kong Microelectronics Group to grow smoothly. Together, the benefits are at least hundreds of billions of dollars.

After reaching a certain level of strength, discovering the thinking and means to solve things does not necessarily have to be confined to the business world. Su Yehao's thinking suddenly became clear...

Still at the hot springs with Cantor Willis.

Su Yehao told:

"I have never lacked opportunities to cooperate with you. Whether it is agreeing to come to the United States to open a factory or set up a R&D center, anyway, as long as you can help me win enough voice in ASML. Of course, the Netherlands provides so much scientific research. Funding, their attitude should also be taken into consideration, I did not shake the idea of ​​​​the company's management, but can help them bring enough orders."

Cantor understood what he meant, which meant that the project was a success and that he would be able to receive other projects in the future.

Even if he only considered his own bonus, Kantor had no reason to refuse, nodded and smiled:

"ASML has too many floating shares. The former parent company Philips has been reducing its holdings, resulting in a flood of floating shares in the market. Nasdaq is in a period of decline. It is not troublesome to acquire from the floating market. The problem lies in its equity comparison. It takes time to disperse. Just like investing in Amazon, wait until you have raised enough chips, and then talk to the ASML board of directors about issuing new shares. Not only will the value of the shares you hold increase, but you will also become the largest shareholder immediately. Enterprises are the easiest to deal with, you wait for my good news."

Su Yehao was not relieved of Kanto, but recognized the strength of Goldman Sachs Group.

These senior partners, with the help of Goldman Sachs' platform and resources, can be said to be able to do everything in the international market and get twice the result with half the effort. They are especially good at completing some enterprise-level services such as financing and acquisitions.

For example, financing Amazon.

Cantor Willis cooperated with him first, and after accepting the commission, he turned to Amazon and offered to be able to assist them in completing the financing of the share increase, with commissions on both sides.

Su Yehao knew about this, but he didn't intend to stop it, so he got a discounted price in terms of commission and saved millions of dollars.

If you want to successfully develop an EUV lithography machine, I am afraid that there is no hope in the next five years, and it does not matter if you slowly annex ASML, so Su Yehao decided to take the remaining more than one billion dollars from the pledge loan and continue to build a [-]-inch wafer The factory continues to seize market share.

It feels like it's soaking until peeling, and the white aunts in the pool have a bit hot eyes.

Su Yehao got up and walked ashore. The cold wind blew through his heart, and the bodyguard hurriedly brought bath towels.

When he wiped his body, he continued to say to Cantor: "Don't be too enthusiastic. This time, the plan will take up about 20% of the shares. After completing this goal, stop for a while. ASML's current lithography machines are not as good as Nikon and Canon in Japan. It lacks the foundation to push up the stock price, and I don't want to attract the attention of other semiconductor companies."

"Understood, I will follow your arrangement."

Cantor also walked ashore. He was in mid-fifties, with a small hairy belly. He was probably of British descent, and his whole body was red.

The reason why they are of British origin is that as long as the sun is stronger, the skin color of the British people tends to turn red, so there is also a saying "lobster red", which means that they, like lobsters, change color when exposed to heat.

After seriously investigating ASML, Cantor certainly knows its situation, and joked:

"Although they don't want to help ASML too much, they don't want it to fall into the hands of others. The best situation is to keep the status quo. These semiconductor companies only want ASML to use its own profits to develop the next generation of optical technology. Engraving machine products, the research and development funds it provides in extreme ultraviolet light exceed [-]% of the research and development funds of this organization."

"It's good for me, isn't it? If they take it seriously, how can I buy ASML?"

Su Yehao hurriedly put on his down jacket, and added: "And their negative attitude also provided me with the foundation to build a good relationship with ASML. Others just want to sit back and enjoy the benefits..."

Chapter 818

Leave the hot spring and walk back to the hotel.

Kanto lived in the resort next door, and left after getting close to Su Yehao. It is said that he invited a girl to enjoy the snow.

The total market value of ASML is only more than 20 billion US dollars. For Su Yehao, if their board of directors agrees to directly acquire the entire company, privatization and delisting will not be too much pressure.

If you want to win the right to speak, the problem is that you need to settle the restrictions of Washington.

As long as they are willing to pay some money, it shouldn't be too much trouble. After all, those people don't understand anything, and now their minds are all on oil and arms dealers.

And Intel, which is also in the same alliance, is not even willing to purchase lithography machines from ASML. Of course, it doesn't need to care about Intel's attitude.

In addition, it seems that the order from the Yellow Diamond Computer Company can be used as a bargaining chip.

The purchase of yellow diamond computer processors next year is expected to exceed [-] million U.S. dollars, which is not a small order. It is enough for Intel's board of directors to weigh whether it is necessary to take the risk of offending Su Yehao and give away [-] to [-] million U.S. dollars in profits. To the hands of AMD.

TSMC and other peers are particularly concerned about Intel's orders. Su Yehao doesn't care about this. On the contrary, he hopes to strengthen cooperation with Qualcomm, British ARM, Cisco and other companies...

As soon as I got back to the hotel, a flashing light suddenly came on in the lobby.

There was a young Caucasian girl who seemed to have been guarding him in the hotel lobby, and asked loudly with a microphone in her hand: "Sue! Many rich people have decided to donate their wealth. Will you return your money to the society? ? There are many people who are homeless and not getting enough to eat, will you help them with money?"

Hearing this sentence, Su Yehao was a little bit taken aback, and replied calmly: "Then you have donated all your own wealth?"

"I have only a small salary, which I have worked hard to earn."

"But I don't have a money printing machine either. It's also my own money. Before blaming others, it's better to take care of yourself. My family has provided jobs for 8000 people, which indirectly drives more job opportunities and assumes social responsibilities. Certainly no less than you."

I don't bother to pay attention to this kind of problem, and I don't care about the false names of the outside world.

After Su Yehao left this sentence, he didn't even look at the girl, and walked forward stretched. He only hated that he didn't have enough money, and he was stupid to donate all his wealth like others.

It seems that there is nothing wrong with being a layman. Rather than caring too much about other people's opinions, it is better to live a life of chic and comfortable life.

Regarding this point, Su Yehao had figured it out as early as the accident in [-].

Take the elevator upstairs.

Linda Yun patted her chest and told, "I was taken aback. No matter how I travel, I can always meet this kind of crazy woman, and the hotel doesn't care about it."

"Welfare in Europe is so good, many people have nothing to do when they are full, and they think about things all day long."

Su Yehao smiled happily:

"When you meet similar people in the future, stay away from me, and don't arrange similar topics in interviews. Why do people want me to hand over the industry that three or four generations of the family have worked so hard to say?"

Linda Yunshen agreed, nodded and said, "That's true, I still count on you to make a living."

……

Nong Qingying fell asleep in the room.

Seeing Su Yehao came back, she continued to sit on the bed, sighed and said:

"Look at you, isn't it comfortable to take a bath? Continue to accompany me to take a bath tonight. If you are lucky, you may see the aurora. I will sleep much more comfortably. I finally came out to live a world of two, and I must not waste it in the hotel."

"Yeah, I think it's nice to waste on the bed."

There was something in Su Yehao's words, and Nong Qingying heard it.

She replied with a smile, "Come on, let's relive the romance and excitement of the past. After having children, the relationship will change. If you live your life like plain water, it will be very boring to think about it."

"If you have time to think about it, why don't you get up and change quickly? I booked a massage service at the hotel before."

Su Yehao took off his clothes at a disagreement.

I don't know if the water in the hot spring is dry or not, so I plan to take a shower before going for a massage.

It is true that the relationship is gradually cooling down.

Between Nong Qingying and Nong Qingying, it is more like the relationship has entered the next stage. After fifteen months of dating, the dopamine in the brain will gradually decrease, and it is normal to enter a calm period.

After washing his hair and taking a shower, Su Yehao joked:

"Isn't it easy to find excitement, or I'll find you a younger sister, the one who fights with you all day long, don't mention how exciting it is every day, is it exciting?"

"???"