Netherlands plans to curb chip access for China in deal with US

Dutch authorities are preparing to limit China’s access to edge-cutting chip innovations and devices as part of a handle United States authorities, sources acquainted with the matter have actually informed Bloomberg. The curbs under conversation might be executed as quickly as next month, according to Bloomberg sources. The relocation might impact crucial Netherlands-based chipmaking devices provider ASML, whose items are crucial for many innovative chips. United States authorities revealed brand-new chip export prohibits on China in October, leading ASML to advise its staff members to stop serving Chinese customers. According to ASML, 5% of its undelivered orders will be impacted by the United States’s brand-new export controls. [Bloomberg] source

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