Oct 22nd, 2024
ASML CEO on China Chip Tariffs; Tech CEOs in London | Bloomberg The Pulse 10/22/24
ASML's CEO Christophe Fouquet expects pressure will grow from the US to further restrict sales of semiconductor technology to China, the biggest market for the Dutch producer of chipmaking machines. “If you look at the geopolitical landscape, I think it’s clear that the US will continue to apply pressure on their allies for more restrictions,” Fouquet said in an interview during the Bloomberg Tech Summit in London. “The question is what is right for the Netherlands? What is right for Europe?”. Staying in Europe, car sales on the continent fell in September for the first consecutive monthly decline in more than two years as the region’s economy continued to stagnate and consumers trimmed spending. Today's guests: Christophe Fouquet, ASML CEO; John Bilton, JPMorgan



