The U.S. imposed semiconductor export controls on China. Now a crucial EU nation is established to abide by suit

The U.S. imposed semiconductor export controls on China. Now a crucial EU nation is established to abide by suit


An staff stands by cables inside of a ASML Twinscan XT1000 lithography device, throughout manufacture at the ASML factory in Veldhoven, Netherlands.

Bloomberg | Bloomberg | Getty Illustrations or photos

“Supplied the technological developments and the geopolitical context, the authorities has appear to the summary that the present export handle framework for unique products made use of for the manufacture of semiconductors requires to be expanded, in the passions of countrywide and intercontinental stability,” the country’s Overseas Trade Minister Liesje Schreinemacher explained in a letter to parliament Wednesday.

Even though the letter does not reference China, it comes following stress from the White Dwelling, which in 2022 imposed export controls that limit Beijing from accessing specified semiconductor chips. At the time, American officers acknowledged that if other international locations did not impose similar limitations, the export controls would eliminate performance in excess of time.

Considering that 2018, the U.S. has reportedly been inquiring the Dutch government to cease ASML delivery its extraordinary ultraviolet lithography devices to China. ASML has not transported the products to China so significantly.

In the wake of the Dutch government’s announcement, ASML stated in a statement that, “it will acquire time for these controls to be translated into laws and just take impact.”

“Based mostly on present day announcement, our expectation of the Dutch government’s licensing policy, and the existing market place situation, we do not expect these measures to have a product effect on our financial outlook,” the enterprise explained Wednesday, introducing that “the extra export controls do not pertain to all immersion lithography resources but only to what is named ‘most advanced’.”

ASML mentioned that it is not clear what the Dutch government suggests by the “most advanced” devices.

Having said that, it mentioned the laws signify that it will need to utilize for a license to export its so-identified as immersion deep ultraviolet (DUV) lithography machine, which is utilised to manufacture memory chips. These chips are utilised in a plethora of devices, from smartphones to laptops and servers, and could in the end be utilised for artificial intelligence applications. 

Final thirty day period, ASML stated that a former worker in China experienced misappropriated info similar to its proprietary technological know-how.

China has been operating to bolster its domestic semiconductor market, but it continues to be significantly guiding the likes of Taiwan, South Korea and the U.S.

The Chinese Ministry for International Affairs reported on Thursday that it opposes the politicization of economic and trade cooperation and hopes that the Netherlands maintains an aim stance, according to Reuters.



Resource

Dow futures rocket higher by 1,100 points after U.S.-China agree to cut tariffs: Live updates
World

Dow futures rocket higher by 1,100 points after U.S.-China agree to cut tariffs: Live updates

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures jumped early Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland. Dow Jones Industrial Average futures gained 1,117 points, or 2.6%. S&P 500 futures climbed 3.1%, and Nasdaq-100 […]

Read More
Treasury Secretary Bessent says he’s likely to meet with China again in ‘next few weeks’ to work on bigger agreement
World

Treasury Secretary Bessent says he’s likely to meet with China again in ‘next few weeks’ to work on bigger agreement

Treasury Secretary Scott Bessent said Monday that he expects to meet with Chinese officials again in the coming weeks to continue trade negotiations. “I would imagine in the next few weeks we will be meeting again to get rolling on a more fulsome agreement,” Bessent said on CNBC’s “Squawk Box.” The exact details of the […]

Read More
A ‘huge win’ for bulls: Markets soar on U.S.-China deal as Wall Street sees more upside
World

A ‘huge win’ for bulls: Markets soar on U.S.-China deal as Wall Street sees more upside

U.S. Treasury Secretary Scott Bessent (R) and U.S. Trade Representative Jamieson Greer hold a news conference in Geneva on May 12, 2025, to give details of “substantial progress” following a two-day closed-door meeting between U.S. and China top officials aimed at ending the tariff war. Fabrice Coffrini | Afp | Getty Images Stock Chart IconStock […]

Read More