ASML Hit by Global IT Outage, Raising Concerns for Semiconductor Supply Chain

ASML, the Dutch manufacturer of the world’s most advanced chipmaking machines, experienced a significant IT outage last week that disrupted its facilities globally. The outage affected clean rooms, offices, customer support, and communication with suppliers. While the company has since resolved the issue, the incident highlights the vulnerability of the semiconductor supply chain and ASML’s critical role in it.

Global IT Outage, Karnataka Quota Row, NEET Results: News Wrap (July 15-20)

This week saw a massive global IT outage due to a Microsoft Windows update error, affecting aviation, finance, and stock exchanges. The Karnataka government faced backlash for its proposed 100% reservation bill for Kannadigas in the private sector. The Supreme Court directed the NTA to release NEET-UG 2024 results. Bangladesh witnessed protests over its civil service quota system, while Joe Biden’s presidential bid faces pressure to step aside. Netflix saw significant subscriber growth in India, and gold prices fell after reaching a record high.

CrowdStrike’s Faulty Update: A Cybersecurity Nightmare

A faulty update from cybersecurity firm CrowdStrike caused a massive global IT outage, affecting businesses and individuals alike. The incident highlights the interconnectedness of modern infrastructure and underscores the need for robust security measures. Experts believe this may be the first of many such outages, urging organizations to prioritize cybersecurity in the digital age.

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