US has a warning for one of Europe's biggest technology company
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.
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US Commerce Secretary Howard Lutnick has warned ASML, Europe's most valuable tech company, that one of its advanced EUV chipmaking machines may have reached China, breaching US export controls.
ASML flatly denies ever shipping EUV systems or components to China, while Washington refuses to show evidence.
The standoff threatens ASML's $700 billion monopoly and its China revenue amid escalating US-China chip war tensions. ...
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