Page 35 - Asml News Today

ASML recently announced that it will no longer be able to ship its NXT:2050i and NXT:2100i lithography systems to China. The Dutch government partially revoked the 2023...

The Biden administration requested ASML to cancel shipments to China, with orders of its new high-end chip-making machines now stopped from entering China.

ASML Holding, a key chip-equipment manufacturer, is facing further restrictions on Chinese exports. It’s a sign that U.S.-led efforts to freeze out China...

ASML had licenses to ship three top-of-the-line deep ultraviolet lithography machines to Chinese firms until January, when new Dutch restrictions took full effect.

A shortage of AI chips could boost demand for this company's chipmaking equipment.

The Netherlands has blocked ASML from exporting some of its critical chipmaking tools to China. The Netherlands has taken measures to revoke an export license for ASML, a leading global manufacturer of chipmaking equipment, which restricts the shipment of some of its equipment to China.

The Veldhoven, Netherlands-based company said shipments included certain lithography systems. "A license for the shipment of NXT:2050i and NXT:2100i lithography systems in 2023 has recently been partially revoked by the Dutch government, impacting a small number of customers in China," the company said. ASML dominates the market for lithography systems, which use lasers to help create chip circuitry.

"A license for the shipment of NXT:2050i and NXT:2100i lithography systems in 2023 has recently been partially revoked by the Dutch government, impacting a small number of customers in China," the company said.

The company said it does not expect the revocation or the latest US export control restrictions to have a material impact on its financial outlook for 2023.

ASML’s stock price was down 1.4% on Tuesday following the disclosure.