The new rules also indirectly benefit major tech companies like Nvidia, Intel, and Advanced Micro Devices (AMD), while hindering their capable Chinese competitors.
ASML, which makes cutting-edge machines for global semiconductor chip manufacturers, said it expected flat sales in 2024, which it called a "transition" year, before registering "significant growth" in 2025.
Vietnam is making strong progress in advancing its standing in the global semiconductor supply chain as many of the world’s largest chip manufacturers have landed in the Southeast Asian nation, insiders said.