Mmastodon TechnologySemiconductors first seen 20 h ago, last 56 min ago, peak #3

Dutch PM Jetten urges US to spare ASML from new China curbs

Original: Dutch Prime Minister Rob Jetten is pressing Washington to avoid another round of export restrictions on ASML's China bus

Dutch Prime Minister Rob Jetten is lobbying Washington against a fresh round of export restrictions that would hit ASML's China business. US lawmakers are pursuing legislation that could tighten controls on the chip-equipment maker's immersion lithography systems and its servicing activities in China. The Dutch intervention highlights tensions between US efforts to curb China's chip ambitions and the interests of Europe's most valuable tech firm.

Why now: New US legislation threatening tighter controls on ASML's China business puts a key Dutch export champion at risk, prompting high-stakes lobbying.

Rob JettenASMLUnited StatesNetherlandsChina

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• Dutch Prime Minister Rob Jetten is pressing Washington to avoid another round of export restrictions on ASML's China business as US lawmakers pursue legislation that could tighten controls on the chip-equipment maker's immersion lithography systems and servicing activities.… · sipirtu · 2

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