The US says ASML’s top chip tool may be in China. ASML says it isn’t

AI Summary

The U.S. Commerce Department alleged that ASML, a Dutch semiconductor equipment manufacturer, may have improperly exported advanced EUV lithography equipment to China in violation of American export restrictions. ASML strongly denied the claim, asserting that such equipment is physically large, manufactured in limited quantities, requires continuous technical support, and has no units currently deployed in China. EUV equipment is critical for producing cutting-edge semiconductor chips, and ASML holds a dominant market position in this technology.