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ASML says US export controls have ‘limited’ impact

Dutch chip equipment supplier reports strong earnings

Europe’s largest chip equipment manufacturer ASML said Washington’s latest export controls against China have a limited impact on the company’s equipment shipping plan for 2023. “The direct implication for us is fairly limited,” ASML’s chief financial officer Roger Dassen said on Wednesday. “First off, as you know we are a European company. So there is not a lot of US technology in our tools.”

The Dutch chip gear supplier manufactures a variety of production tools and is the world’s only company capable of making extreme ultraviolet lithography (EUV) machines, essential equipment to produce advanced semiconductors.

Taiwan Semiconductor Manufacturing Company, Intel, and Samsung all rely on ASML’s deliveries and services for the EUV tools to build cutting-edge chips.

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