ASML says new US chip curbs on China won’t affect 2025 sales forecast

Quick Summary:

The Dutch chip equipment maker says it is studying the impact of the new restrictions, but sees little impact on long-term demand.

The new US rules are Washington’s third crackdown in three years on China’s semiconductor industry, tightening regulations on equipment makers and curbing exports to 140 Chinese companies, including additional subsidiaries of China’s biggest bespoke chipmaker Semiconductor Manufacturing International Corporation.

The ASML headquarters in Veldhoven, Netherlands.

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Article Details

Author / Journalist: Reuters

Category: Business

Markets: Hong KongChinaNetherlands

Topics: Asml Restrictions Semiconductor Guidance Equipment Dutch China Government Exports Affect Export

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 09:47:20 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 167 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 24073175

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