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Dutch minister confident ‘crown jewel’ chip firm ASML will stay in Netherlands after threat to leave - TL;DR CNBC

Dutch minister confident ‘crown jewel’ chip firm ASML will stay in Netherlands after threat to leave

Publishing timestamp: 2024-04-19 05:14:46


Summary

ASML has hinted at the possibility of moving its operations in response to Dutch plans to scale back tax breaks for high-skilled migrants and limit foreigners attending Dutch universities. The Dutch government is confident that ASML will remain in the country, but the company remains unhappy with the approach to fostering growth. ASML is a key player in the semiconductor industry and has faced challenges related to geopolitical tensions between the U.S. and China.


Sentiment: MIXED

Tickers: ULVR-GBSHEL-GBASML-NL

Keywords: breaking news: technologyshell plcunilever plcenterpriseasml holding nvtechnologynetherlandsbusiness news

Source: https://www.cnbc.com/2024/04/19/dutch-minister-confident-chip-firm-asml-will-stay-in-the-netherlands.html


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