Part of the US strategy has been applying pressure to ally countries such as the Netherlands home to ASML.
The Dutchtechcompany is the sole manufacturer of the worlds most advanced chipmaking machines.
The Netherlands has curbed exports of ASMLs most sophisticated machines for high-end chips since 2019.
In alignment with Washington, it has also implemented several otherexport restrictions.
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To make the case that this is about national security is getting harder and harder, Fouquet added.
Instead, the US continuous push for further restrictions has become more economically motivated over time.
The paper isconsidereda mouthpiece for the Chinese government.
If ASML loses the Chinese market, it will suffer significant economic losses.
The blow could be heavy indeed.
So far this year, China has been ASMLsbiggest market.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
