Chip industry giant ASML blocked by US, Netherlands from shipping equipment to China ahead of export deadline

Under US pressure, ASML already restricts Chinese clients from buying its more advanced extreme ultraviolet (EUV) lithography systems, which are used to produce the world’s most cutting-edge chips. ASML has a near monopoly on the machines. China’s Ministry of Foreign Affairs spokesperson, Wang Wenbin, gestures during a press conference in Beijing on January 2, 2024, … Read more