2018 chip export restrictions on ASML due to US-China ideological dispute, stated by former CEO Wennink.
Former ASML CEO Wennink, in a Dutch radio interview, stated that the US-China chip disputes are ideological, not fact-based, and could take decades due to geopolitical interests. Since 2018, US has imposed restrictions on ASML's chip exports to China, citing security concerns. Wennink expressed concerns about ideology impacting stakeholder interests and the ongoing chip war between US and China.
July 06, 2024
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