Policy Shift
The expanded export restrictions on advanced semiconductor manufacturing equipment, placing ASML's machinery under its control, shifting from U.S. to Dutch jurisdiction for exports outside the EU.
This move aligns with U.S. efforts to curb China's technological advances, following similar export controls by the U.S. on quantum computing and semiconductor technologies.
Industry Impact and Reactions
ASML stated the new measures are a technical change and do not affect its financial outlook for 2024 or long-term scenarios, aiming for a harmonized approach to export licenses.
The expanded controls, effective from September 7, target deep ultraviolet lithography equipment, highlighting the Netherlands' leading role in semiconductor technology and its responsibility in global trade.