- Dutch government orders ASML to limit battle chip-making equipment shipment tech to China.
- US intensifies restrictions on semiconductor sales to China, influencing ASML’s license.
- ASML, known for lithography machines, cites limited impact on 2023 financial outlook.
ASML Grapples with Export Restrictions Amid Escalating US-China Tech Battle
ASML, a prominent semiconductor production equipment manufacturer, is compelled to restrict the shipment of certain lithography systems to China by the Dutch government. This move comes in response to heightened US restrictions on semiconductor sales to China, prompting the Dutch authorities to partially revoke ASML’s license. The affected systems, NXT:2050i and NXT:2100i, will impact a small number of Chinese customers, reflecting the broader tech tensions between the US and China.
US Export Controls Impact ASML’s Lithography Equipment Shipment
ASML’s predicament is a consequence of the US government’s increased export controls, urging allies to enact similar restrictions. Recent curbs on ASML’s license align with the US-China tech battle, where semiconductors play a pivotal role. ASML, famed for light-based lithography on silicon, confronts challenges amid geopolitical tensions, reflecting a growing tech access divide.
ASML’s Assessment and Financial Outlook
ASML acknowledges the impact on a limited number of customers in China due to the license restrictions. The company had previously pointed out potential implications when the US updated export control regulations in October. Despite the challenges, ASML, after discussions with the US government, believes the current restrictions and export control measures will not significantly affect its financial outlook for 2023.