ASML (ASML) Denies Shipping EUV Machines to China Amid US Concerns
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowASML Holding N.V. (ASML) issued a statement denying ever having shipped an EUV lithography machine or any related components to China. This clarification comes after reports of concerns from US officials about potential violations of export restrictions. ASML emphasized its commitment to comply with evolving export controls and affirmed that exports require licenses under strict regulations. The US is reportedly pushing for allies to align on semiconductor export controls, where ASML's equipment has been named in proposed legislation.
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About ON Semiconductor Corporation (ON)
ON Semiconductor makes power and sensing chips for automotive and industrial uses.
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