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ASML blocked from shipping some of its critical chipmaking tools to China - TL;DR CNBC

ASML blocked from shipping some of its critical chipmaking tools to China

Publishing timestamp: 2024-01-02 11:50:18


Summary

Dutch semiconductor equipment maker ASML has had its license for exporting lithography systems to China partially revoked by the Dutch government. This comes after the US government tightened export controls on advanced semiconductors and chipmaking tools to China. ASML does not expect this revocation to have a material impact on its financial outlook for 2023.


Sentiment: NEGATIVE

Tickers: AAPLASML-NL

Keywords: technologyasml holding nvnetherlandsapple incsemiconductor device manufacturingchinaunited statesinternetbusiness newsenterprise

Source: https://www.cnbc.com/2024/01/02/asml-blocked-from-exporting-some-critical-chipmaking-tools-to-china.html


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