Europe is pushing back on Washington’s chip war - BERITAJA

In Brief

Dutch Trade Minister Sjoerd Sjoerdsma visited Washington this week to meet pinch Commerce Secretary Howard Lutnick and members of Congress to reason the MATCH Act, a measure that would barroom Chinese chipmakers from accessing Western semiconductor equipment, and 1 that would deed ASML particularly hard.

ASML, based successful the Netherlands, is Europe’s about valuable institution and the only shaper successful the world of the blase lithography machines that are utilized to make cutting-edge AI chips.

“It’s exceptional that I’m coming present to broadly outline our concerns to Congress,” Sjoerdsma told Bloomberg aft the meetings. “The stakes for the Netherlands whitethorn beryllium very high.”

China accounts for 19% of ASML’s nett strategy sales. The MATCH Act would spell further than existing controls, extending curbs to ASML’s heavy ultraviolet immersion machines connected apical of the long-standing prohibition connected its about precocious utmost ultraviolet, aliases EUV, devices reaching China.

As ASML CEO Christophe Fouquet told TechCrunch successful May, what China could presently bargain are older-generation heavy ultraviolet devices — cogwheel first shipped about a decade agone — the aforesaid machines the MATCH Act would now relegate disconnected limits.

The bill, introduced successful April, hasn’t yet faced a afloat House aliases Senate vote; Bloomberg notes it would apt request to beryllium folded into a larger package to pass.

Subscribe for the industry’s biggest tech news