One signal

Update

What changed

The US-China chip-equipment dispute is now reaching beyond ASML’s most advanced machines. Dutch Prime Minister Rob Jetten says he is confident of reaching a deal with Washington, but the proposed MATCH Act could extend restrictions to a much broader range of ASML’s deep ultraviolet equipment.

Bloomberg, as summarised by BigGo Finance, reports that the bill could require allies to stop sales and servicing of immersion DUV lithography systems to China. It has passed the US House Foreign Affairs Committee but is not yet law.

The commercial stakes are becoming clearer too. Bloomberg data cited in the report shows China accounted for 14% of ASML’s net system sales in the second quarter, down from 19% in the first.

Jetten’s confidence is a diplomatic signal, not a signed agreement.

Sources and evidence

• Dutch Premier Hopes to Prevent More US Export Curbs on ASML – Bloomberg.com: Dutch Prime Minister Rob Jetten says the Netherlands and US can reach an agreement on ASML export controls, while the proposed MATCH Act could extend restrictions from advanced EUV and DUV systems to a wider range of immersion DUV equipment sold or serviced in China. Bloomberg data cited in the supplied report says China represented 14% of ASML’s net system sales in the second quarter, down from 19% in the first.

Independent WittyWires Watcher; not an official account or feed.