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The Dutch giant ASML has faced restrictions in exporting advanced chip machines to China due to US pressure on the Netherlands government (Photo: ASML)

Analysis

Is EU leaving Dutch semiconductor giant exposed in US-China chips war?

Dutch semiconductor company ASML, Europe's largest manufacturer of advanced lithography machines, accidentally released its Q3 figures a day early this week, prompting a sharp sell-off that wiped out 17 percent (€50bn) of its market value in hours. 

Christophe Fouquet, ASML's new chief executive, remained optimistic during Wednesday's (16 October) investo...

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

The Dutch giant ASML has faced restrictions in exporting advanced chip machines to China due to US pressure on the Netherlands government (Photo: ASML)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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