Netherlands Opposes MATCH Act at Risk to ASML's China Business
Dutch Trade Minister Sjoerd Sjoerdsma lobbies Congress against semiconductor export controls that would threaten ASML's $2.6B China revenue stream.
Dutch Trade Minister Sjoerd Sjoerdsma lobbies Congress against semiconductor export controls that would threaten ASML's $2.6B China revenue stream.
Commerce Secretary Howard Lutnick told ASML executives an extreme ultraviolet lithography system may have been shipped to China, violating decades-long export controls. ASML disputes the allegation.
ASML CEO Christophe Fouquet says no rival can unseat his company's stranglehold on EUV chip-making — the bottleneck powering every major AI system on Earth.