US-China chip war further entangles Dutch semiconductor giant ASML

US pressure to block ASML from servicing the chip-making machines it has sold to China is increasing the Netherlands’ entanglement into an escalating geopolitical race for tech supremacy. Implementing a clear technological and economic decoupling strategy from China, the Biden Administration has introduced a series of thorough export rules aiming to restrict Beijing from obtaining key chip technology. But as the world’s only manufacturer of equipment for advanced chips, ASLM has also been at the epicenter of US efforts to constrain China’s semiconductor industry. Existing restrictions for ASML Restrictions on the Veldhoven-based company from selling its most sophisticated machines to China…

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