China Threatens to Cut Off ASML Over New US Chip Curbs

Submission statement
A Beijing mouthpiece warned on Monday that Dutch chip tools maker ASML risks losing access to the Chinese market ‘permanently’ if it implements the latest US export curbs.

In the latest escalation of US efforts to cut off China’s access to advanced chip technology, the Dutch government reportedly plans to stop ASML from maintaining the DUV (deep ultraviolet) lithography machines it has sold to China so far.

It also plans to stop ASML from selling spare parts for the machines to China, reports last week said, adding the development followed significant pressure from Washington.