Europe is pushing back on Washington’s chip war

TechCrunch
The Dutch government is lobbying against a U.S. bill that would restrict ASML from selling older semiconductor equipment to Chinese manufacturers.

Summary

Dutch Trade Minister Sjoerd Sjoerdsma is actively opposing the U.S. MATCH Act, legislation that seeks to further restrict Chinese access to Western semiconductor technology. The bill specifically threatens the operations of ASML, the Dutch company that holds a global monopoly on the lithography machines required for high-end AI chip production.

ASML relies on China for 19% of its net system sales. While the company is already prohibited from exporting its most advanced extreme ultraviolet tools, the proposed MATCH Act would also ban the sale of older deep ultraviolet immersion machines. Dutch officials argue that these restrictions impose significant economic risks, and the legislation currently awaits further movement in the U.S. Congress.

(Source:TechCrunch)