ASML Says New US Curbs Risk Hitting China Sales in Medium Term
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Source: ASMLThis article is for subscribers only.
ASML Holding NV said new updates to US export curbs that are designed to block China’s access to highly advanced semiconductor technology will lower its sales to the Asian country in the medium to long term.
The new rules will “likely impact the regional split of its systems sales in the medium to long term,” Europe’s most valuable technology company said in a statement. The US is expanding the scope of manufacturing gear subject to restrictions, senior administration officials told Bloomberg on Tuesday.