ASML CEO: Export curbs on China are more about US economics than security

Quick Summary:

In the name of national security, the US chip war against China has been escalating since 2022, when Washington took the first decisive steps to curb the Asian country’s semiconductor ambitions.

Reports that the Netherlands plans to implement (under US pressure) new export restrictions of ASML equipment to China are increasing.

Part of the US strategy has been applying pressure to ally countries such as the Netherlands — home to ASML.

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Article Details

Author / Journalist: Ioanna Lykiardopoulou

Category: Technology

Markets: NetherlandsChina

Topics: Deep tech Insider

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 13:00:56 (15 hours ago)

News Timezone: GMT +1:00

News Source URL: thenextweb.com

Language: English

Article Length: 563 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Next Web

News ID: 22375466

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Official Website: thenextweb.com

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Year Established: 2006

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News Last Updated: 12 hours ago

Coverage Areas: Netherlands

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Publisher ID: #13

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