"US and Dutch Collaboration Targets China's Chipmakers in a Powerful Blow"

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Source: Yahoo Finance
TL;DR Summary

The United States and the Netherlands are planning to impose further restrictions on sales of chipmaking equipment to China, aiming to prevent their technology from being used to strengthen China's military. The Dutch government is expected to curb certain equipment from ASML, while the US is likely to withhold even more Dutch equipment from specific Chinese fabs. The US previously imposed export restrictions on American chipmaking tools to China and urged other countries to adopt similar curbs. Japan has already adopted rules to restrict exports of semiconductor manufacturing equipment. The new regulations from the Netherlands and the US are expected to affect ASML, the world's leading chip equipment maker, and other companies like ASM International.

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