Dutch and US Join Forces to Restrict Chip Equipment Exports to China

The Netherlands has announced new rules restricting exports of certain semiconductor manufacturing equipment, citing national security grounds. The move comes amid pressure from the US to curb the sale of computer chip technology to China. China has criticized the decision, stating that it will impact chip production and supply chains. The US is engaged in an arms race with China over control of the supply of semiconductors, with the Netherlands being a key supplier. The export restrictions will particularly affect ASML, the nation's largest chip equipment maker.