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Stock impact report

US Urges Allies to Further Squeeze China on Chip Technology [BNN Bloomberg (Canada)]

ASML Holding N.V. - New York Registry Shares (ASML) 
Last asml holding n.v. - new york registry shares earnings: 4/15 01:00 am Check Earnings Report
Company Research Source: BNN Bloomberg
China's access to semiconductor technology, a controversial effort that's drawing resistance in some countries, according to people familiar with the matter. The Biden administration's latest push is aimed at plugging holes in export controls it's levied over the past two years and restraining China's progress in developing domestic chip capabilities, said the people, who asked not to be identified discussing private deliberations. For example, the US is urging the Netherlands to stop ASML Holding NV from servicing and repairing sensitive chipmaking equipment that Chinese clients purchased before limits on sales of those devices were put into place this year, said the people. The US also wants Japanese companies to limit exports to China of specialized chemicals critical for chipmaking, including photoresist, they said. Japan is home to several leaders in photoresist, including JSR Corp. and Shin-Etsu Chemical Co. Tokyo and The Hague have responded coolly to Washington's latest Show less Read more
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