US Expresses Concern Over ASML Chip Machine Reaching China
The US Commerce Secretary has raised concerns over reports that an advanced ASML chip-making machine may have reached China, despite export restrictions. This development has led to accusations against ASML for potentially selling sophisticated technology to China.
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US has a warning for one of Europe's biggest technology company
US Commerce Secretary Howard Lutnick has warned ASML, Europe's most valuable tech company, that one of its advanced EUV chipmaking machines may have reached China, breaching US export controls. ASML flatly denies ever shipping EUV systems or components to China, while Washington refuses to show evidence. The standoff threatens ASML's $700 billion monopoly and its China revenue amid escalating US-China chip war tensions.
By TOI TECH DESK
Read full article →US commerce secretary raises concerns over reports ASML machine reached China
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