ASML Chief Sees US Pushing for More China Chip Restrictions (1)

Oct. 22, 2024, 1:07 PM UTC

ASML Holding NV Chief Executive Officer Christophe Fouquetexpects pressure will grow from the US to further restrict sales of semiconductor technology to China, the biggest market for the Dutch producer of chipmaking machines.

“If you look at the geopolitical landscape, I think it’s clear that the US will continue to apply pressure on their allies for more restrictions,” Fouquet said in an interview during the Bloomberg Tech Summit in London on Tuesday. “The question is what is right for the Netherlands? What is right for Europe?”

WATCH: ASML CEO Christophe Fouquet said the US will likely continue to apply pressure on allies to further restrict the sale of semiconductor technology to China. Source: Bloomberg

Washington has for years sought to limit China’s rise ...

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