As the Dutch company tries to navigate the latest restrictions on semiconductor exports to China, the U.S. government is trying to not alienate its allies, like the Netherlands.
Cleanroom workers in ASML's Headquarters, Veldhoven, Netherlands. Credit: ASML
The U.S.’s stringent new controls over exports of chips to China have left companies throughout the semiconductor supply chain scrambling to adapt. Yet one industry giant that is central to the chipmaking process appears relatively unperturbed.
ASML, a multi-billion dollar Dutch company whose highly-prized lithography machines are vital to making the chips that power everything from mobile phones to weapons systems, says it expects only a “fairly limited” impact from the Biden administr
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The former Biden official and China scholar makes the case for the previous administration's approach and discusses why Beijing is content to watch the U.S. now dismantle its sources of strength
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