U.S.-led efforts to freeze out China from global chip-supply chains are working

  • ASML Holding faces more restrictions on Chinese exports
  • U.S.-led efforts to freeze out China from global chip-supply chains are working
  • Dutch government partially revoked ASML’s export license for lithography systems to China
  • Controls on chip-making equipment exports were introduced to limit China’s access to advanced semiconductor technologies
  • ASML does not expect a material impact on its financial outlook
  • ASML has been banned from exporting its most advanced technology to China since 2019
  • Restrictions on DUV machines suggest U.S. allies are responding to Biden administration’s efforts to limit China’s chip-making industry

ASML Holding, a key chip-equipment manufacturer, is facing more restrictions on Chinese exports. The Dutch government recently partially revoked ASML’s export license for shipping lithography systems to China, affecting a small number of customers. This is a sign that U.S.-led efforts to freeze out China from global chip-supply chains are bearing fruit. The controls on chip-making equipment exports were introduced to limit China’s access to advanced semiconductor technologies. ASML does not expect a material impact on its financial outlook. ASML has been banned from exporting its most advanced technology to China since 2019. The restrictions on DUV machines suggest that U.S. allies are responding to the Biden administration’s efforts to limit China’s chip-making industry.

Public Companies: ASML Holding (ASML), Semiconductor Manufacturing International Corp. (SMIC)
Private Companies:
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Factuality Level: 7
Justification: The article provides information about ASML Holding facing more restrictions on Chinese exports and the impact of these restrictions on the company. It also mentions the background of the export controls and the response from China. The information provided seems to be based on statements from ASML and the Chinese Ministry of Foreign Affairs. However, the article lacks specific details and context about the export controls and the reasons behind them, which could affect the overall factuality level.

Noise Level: 3
Justification: The article provides relevant information about ASML Holding facing more restrictions on Chinese exports and the impact on global chip-supply chains. It mentions the Dutch government partially revoking an export license for shipping lithography systems to China and the introduction of controls on chip-making equipment exports. It also includes ASML’s statement on the expected financial impact and the focus on older technology sales. However, the article lacks in-depth analysis, scientific rigor, and actionable insights.

Financial Relevance: Yes
Financial Markets Impacted: The article mentions ASML Holding, a key chip-equipment manufacturer, facing more restrictions on Chinese exports. This indicates that the global chip-supply chains, particularly those involving China, are being affected.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article discusses the impact of export restrictions on ASML Holding, which is a significant player in the chip-making industry. While there is no mention of an extreme event, the restrictions on Chinese exports have financial implications.

Reported publicly: www.marketwatch.com