 Let's see, finally, just an update on the chips and China story that I am monitoring on a regular basis. The United States, as you know, has placed severe restrictions on the export of technology to China, and not just the export of technology, but also the export of microprocessors themselves, particularly the advanced variants of the advanced microprocessors. For a while now, it has been the case that the ASML in the Netherlands has never really sent to China the extreme ultraviolet lithography machines that cost, I think, what do they cost? 10 million a piece or something like that. Anyway, those machines have not been sent to China, and ASML is committed not to sending them to China. But again, over the weekend, further development is that both Japan, which also produces equipment for the manufacture of semiconductors and ASML have now agreed not to send to China even the one generation less advanced equipment than extreme ultraviolet lithography, so that that would cause China to be even further backwards. Japan's Nikon, which competes with ASML in supplying parts and technology processes that are deep ultraviolet lithography, which is one step less sophisticated than the extreme ultraviolet lithology. Again, both Japan and the Netherlands have agreed to deny China even that technology, which makes it very, very difficult, if not impossible for the Chinese to catch up in terms of chip manufacturing. The best the Chinese can do, and another story that broke this week, the end of last week, the best that the Chinese can do is basically steal the chips themselves. They can't produce them, but they can steal the chips. Indeed, the story that broke late last week is that chips that have been illegal to export to China for a couple of decades now, I think they were first made illegal in 1999 or something like that, it's come out that the Chinese are using those chips in various military equipment. China is finding ways to get their hands on American chips, just like China and Iran, Iran drones, Iranian drones are using American chips. Russia and China are finding ways to get around in the black market. There's a massive black market, it turns out, in advanced chips. It's still not the same. Smuggling chips in is just not going to be as effective, certainly in terms of quantity. As long as China does not have the capacity to develop the most advanced chips in-house, and as long as it is difficult for them to access the most advanced chips in the world market, they can access them in the black market, I guess, but not more than that. It does retard their progress. It does make their weapons systems at least at some level less effective than American weapons systems, potentially. And it certainly makes it impossible for them to achieve what they sought to achieve, which is technological independence from the West by 2025. That's not happening. It's been extended to 2030, but it's just not going to happen. China is going to achieve technological parity with the U.S. or with the West by 2030 if these kind of technologies are denied. Once you understand it, it's impossible for them to basically develop extreme ultraviolet lithography in 10 years. It might be impossible for them to develop in 20 years. It might be impossible for them to ever develop it, given the expertise that has to go into it and them out of subcontracting that has to go into it. In ASML's case, the company in Holland, the expertise, they get to access companies all over the West and companies that are world-class at a little, tiny little thing. That expertise is not available to the Chinese. Thank you for listening or watching The Iran Book Show. If you'd like to support the show, we make it as easy as possible for you to trade with me. You get value from listening, you get value from watching, show your appreciation. You can do that by going to iranbrookshow.com. I go to Patreon, subscribe to our locals, and just making an appropriate contribution on any one of those channels. Also, if you'd like to see The Iran Book Show grow, please consider sharing our content and, of course, subscribe. Press that little bell button right down there on YouTube so that you get an announcement when we go live. And for those of you who are already subscribers and those of you who are already supporters of the show, thank you. I very much appreciate it.