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Benzinga

Politics

Anusuya Lahiri

RARE PHOTOS: Us canvasses netherlands to severe chipmaking ties between asml and china pros and cons - The Real Truth

ASML China United States

The U.S. is influencing the Netherlands to prohibit ASML Holding NV (NASDAQ:ASML) from selling to China, mainstream technology essential in making a large chunk of the world's chips, Bloomberg reports.

The proposed restriction could thwart the country's aspirations to lead global chip production by intensifying an existing suspension, a severe blow to Chinese chipmakers like Semiconductor Manufacturing International Corp and Hua Hong Semiconductor Ltd.

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