Mmastodon TechnologySemiconductors first seen 9 h ago, last 5 min ago, peak #3

Dutch PM Jetten urges US to spare ASML's China business

Original: Dutch Prime Minister Rob Jetten is pressing Washington to avoid another round of export restrictions on ASML's China bus

Dutch Prime Minister Rob Jetten is pressing Washington to avoid new export restrictions targeting ASML's business in China. The appeal comes as US lawmakers pursue legislation that could tighten controls on the chip-equipment maker's immersion lithography systems and its servicing operations for Chinese customers. The standoff puts the Netherlands' most valuable tech firm between American policy pressure and its commercially important Chinese market, with both governments weighing next steps.

Why now: US lawmakers are advancing legislation that could impose new export curbs on ASML, prompting the Dutch government to intervene.

Rob JettenASMLNetherlandsUnited StatesChina

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• Dutch Prime Minister Rob Jetten is pressing Washington to avoid another round of export restrictions on ASML's China business as US lawmakers pursue legislation that could tighten controls on the chip-equipment maker's immersion lithography systems and servicing activities.… · sipirtu · 2

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