ASML Falls as Outlook Clouded by Risk of US Export Curbs
- Second-quarter bookings rose 54% from previous period
- China accounted for nearly half of ASML’s sales last quarter
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ASML Holding NV fell as the prospect of more severe US restrictions on its business in China offset growth in the Dutch firm’s order intake last quarter.
The Biden administration is considering using the most severe trade restrictions available if companies including ASML continue to give China access to advanced semiconductor technology, Bloomberg News reported on Wednesday before the company published its second quarter results.