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The appeal comes as ASML weighs what share of its future operations will be based in the Netherlands, and one week after the Dutch government presented a plan to spend 2.5 billion euros ($2.7 billion) on improving infrastructure in the Eindhoven region to keep ASML from leaving.
Alan Estevez, the U.S. export policy chief, is scheduled to meet in the Netherlands next Monday with officials from the Dutch government and ASML Holding NV to discuss the servicing contracts
ASML Holding (NASDAQ:ASML – Get Free Report)’s stock price traded up 0.5% during mid-day trading on Thursday after the company announced a dividend. The stock traded as high as $996.80 and last traded at $985.58. 438,979 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 1,210,253 shares. The […]
ASML equipment is the new front in US-China chip war
WASHINGTON (Reuters) -President Joe Biden's administration plans to press the Netherlands next week to stop its top chipmaking equipment maker ASML from servicing some tools in China, two people familiar with the matter said, as the U.S. leans on allies in its bid to hobble Beijing's tech sector. Alan Estevez, the U.S. export policy chief, is scheduled to meet in the Netherlands next Monday with officials from the Dutch government and ASML Holding NV to discuss the servicing contracts, the people said. Washington may also be seeking to add to a list of Chinese chipmaking factories ...